Today we will get the official answer….Did the Fed actually leak information to their respective favorite reporters last week and are planning on additional stimulus?
If they did not and are not planning on more “Cowbell“ market participants may be disappointed. For that matter, it is highly likely market participants will turn negative on anything short of a major announcement, in our opinion.
“We have never seen that before!”
That is our most hated phrase regarding technology improvements and upgrades… especially when coming from those doing the upgrade. While we thwarted that phrase, our optimistic view of no hitches were not achieved. The conversion occurred prior to dark but well after the original scheduled time frame. Today we will hopefully feel we have a Tiger by the Tail with our new speed.
Next step, Phones…..this wil not occur until late August, we will share the adventure with you.
Have a Super Day!
PS I will be traveling the coming two weeks.