We expect preannouncements to begin well before their usual time slot given the testing period of this SEC mandate. If we were to experience this type of truth serum activity early in December, that may be all the Fed needs to remove the bias on the 19th. Just a thought. Don't be surprised. Consumer energy prices are up.
Stock prices are down.
Retail sales at Christmas are a question mark at this point. We're going to find out quite soon. Here's a real flyer. AMG reported inflows to equity mutual funds have dried up to a proverbial trickle, but still remain positive nonetheless. Throughout October and November, each week has been a net inflow in aggregate.