Today is the first-ever Federal Reserve policy press conference. The front row will be packed with celebrities like Hampton Pearson, Alec Baldwin and Penelope Cruz. Paparazzi will be swarming the grounds outside desperate for a glimpse of the proceedings inside. Even Zero Hedge will be sending a reporter, you’ll know her by the black nail polish and bangs hanging over her eyes.
Anyway, you’ve probably read 50 different “what to expect” posts by now so I’ll not be doing one. Let’s chat about the whole thing after it goes down instead (12:30 pm is the start time FYI).
In the meantime, in case you missed this, it’s my Ode to Ben (orginally published 4/8/2011):
Crude at $111, Gold at $1470…that’ll teach you to demean the little professor!