Stocks were a bit wobbly today, after Friday’s power rally.
There are three short term events that are worth watching.
The first is the FOMC announcement on Wednesday. It is widely expected to be a non-event. But we will have to see what if anything that they say about future actions.
The second is the British general election on December 12th, which could have quite an impact in the currency markets.
And finally there is the deadline of Sunday December 15th for the imposition of additional chinese tariffs.