Bottom Line: This is not a drill. This meeting is the real thing - an undoubtedly lively debate that could end with a rate hike. I think we narrowly avoid a rate hike, but at the cost of moving forward the next hike to the July meeting.Read the entire post!
Weekend:
• Schedule for Week of May 22, 2016
From CNBC: Pre-Market Data and Bloomberg futures: S&P and DOW futures are up slightly (fair value).
Oil prices were up over the last week with WTI futures at $48.28 per barrel and Brent at $48.72 per barrel. A year ago, WTI was at $59, and Brent was at $64 - so prices are down about 20%+ year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.28 per gallon (down about $0.45 per gallon from a year ago).
from
http://feedproxy.google.com/~r/CalculatedRisk/~3/gVjhRVmHY70/sunday-night-futures_22.html
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