Postcards: Resolutions and Solutions to the Fed Problem

Today, the Fed kept interest rates constant. This entire melodrama has gotten old.

Market Update: The Nasdaq 100 is testing 50-day resistance as we speak, and Jerome Powell is about to open his mouth. It didn’t always use to be this oversaturated in terms of coverage of Fed events. We’re Green on the S&P 500, Green on the Russell 2000, and Yellow on the Nasdaq 100. Beware the final hour.