JPM: “This Is The Bottom Line For Stocks”

Jon Alternative Media, Blogosphere, Economy, Energy, Fiscal Policies, Government, Market Commentary, Politics

While it has been a quiet session so far, today’s events have the potential to substantially boost market volatility. Here, courtesy of JPM’s Adam Crisafulli, is the “bottom line for domestic equities” and what to watch for among today’s information barrage.
Market update – it was another relatively quiet night of news. US futures and Eurozone stocks have a small bid ahead of a busy morning of domestic eco data and the FOMC decision. Oil prices are rebounding thanks to supportive API data and pos. comments from Saudi Arabia and Goldman. Opposition to Ryan’s HC bill remains intense w/conservatives in the House still not thrilled (despite the pos. CBO fiscal score) while Senate moderates (as many as 12) are demanding substantive changes (any changes will further undermine House support) and the grassroots Republican press is urging Trump to abandon the legislation.

This post was published at Zero Hedge on Mar 15, 2017.