“Fed Day is a Wall Street Ceremony where Bull Monkeys and Bear Monkeys sacrifice their Option Premium as Tribute to the Market Gods"
- Le Shrub, from "Reminiscences of a Shrub Operator"
I can’t believe we are here again. After the analysis of the Jobs Report, the last thing I want is to go through an Inflation Report and a Fed Meeting, both on the same day. On a Wednesday. Dammit. But the job must be done. Who is left to expose this nonsense anyway?
Keep reading with a 7-day free trial
Subscribe to Reminiscences of a Shrub Operator to keep reading this post and get 7 days of free access to the full post archives.