One Option Trading Blog https://ift.tt/2t2rqKa Posted 9:30 AM ET - The market is extremely resilient. Yesterday the FOMC statement was very hawkish and rates were increased a quarter of a point. Powell said that four rate hikes are likely next year and the Fed plans to aggressively normalize rates. The ECB said it is winding down quantitative easing this morning. Stocks shouldered the news and the S&P 500 is up in early trading. China's retail sales and industrial production were light. Analysts believe that Trump will announce $50 billion worth of Chinese tariffs in the next day or two. This is a little less than the …
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