Fed Day Arrives: Futures

Fed Day Arrives: Futures
Fed Day Arrives: Futures Are Flat But Fireworks Loom

Fed Day Arrives: Futures Are Flat But Fireworks Loom
It’s finally Fed day, and futures are up up small with Tech in line and small-caps lagging having largely priced in a 50bps rate cut already (the risk clearly is to the downside if Powell goes 25bps). As of 8:15am, S&P futures are unchanged and le…