Aftermath Of the Federal Reserve Board

The markets were quite volatile today, as was expected given the aftermath of the FOMC conference and the declaration of tariffs on China. Also weighing on the markets is the $1.3T budget that just cleared the House. That bill contains a number of provisions that are not in line with sentiment of the stronger right and left wings of Congress, thus presenting a real risk of a potential government shutdown. Bearish sentiment seems to have become much more strongly entrenched in the markets as a result. Here’s what to expect.