30 minutes to FOMC..!

In the next 3 days, we are going to experience a frenzy..!(for ESLs like me: a state or period of uncontrolled excitement or wild behavior.)

What are the drivers for that?
Tomorrow:

1- FOMC: Interest rate decision and Jerome Powell conference.

The day after tomorrow:

2- GDP (Q2) & Job Data

https://www.atlantafed.org/cqer/research/gdpnow

Friday:

3- Michigan Consumer Sentiment

Decision tree and forecast based on the different outcomes:



Action plan:

Managing position day by day based on outcomes!

Best,