Yellen will be trying to balance job growth with financial stress which of course is impossible. Even if she does deliver a very dovish speech (which I don’t expect) the market may ignore her. The risk is that market sells off and retests 1804.00 in the S&P 500 as the central banks’ place in the limelight is about to turn to dark.
from Steen Jakobsen - Authored content https://www.tradingfloor.com/posts/macro-digest-yellen-night-party-time-or-house-of-horrors-7075107?utm_medium=tf4-feed&utm_source=extract
Macro Digest: Yellen night – party time or house of horrors?
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