Monday, December 14, 2015

TUESDAY 12/15/15; European Stocks Rally; CPI (Consumer Price Index); Empire State Mfg Survey; FOMC Meeting Begins; US Stocks Rally; Natural Gas Crashes -11% in 2 Days

S&P +5. Dow +43. Nasdaq +10. The SPASX200 is up +0.5% so Aussie stocks are 

[Text is Redacted: Purchase December 2015-12 to Read the Complete Chronology]

 a 15 bip cut instead of 25 bip as presented above. If Yellen hikes by 25 bips and says every meeting remains on the table for a hike, this would be viewed as hawkish.

In the evening, a republican presidential debate occurs. Trump, Cruz and Rubio are the front runners.

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