Financial markets are rattled, but maintaining the appearance of calm. I should say the people in the markets are shaky, very much aware of unsustainable and fatal trends overseas, but their emotionless (and soulless) computers maintaining pretenses.
- The Federal Reserve meets this week, and anticipation tends to freeze things.
- Nobody expects the Fed to hike this week, but the June meeting is under some consideration in markets.
- It’s a big world out there, but more interlocked financially than ever.