Today, I’m attending a conference in the New York Stock Exchange on the rapidly changing commodities markets and looking forward to it. I haven’t been inside the NYSE in almost 8 years and expect to see major changes.
But, I don’t expect to see any major changes in the stock market today. The world continues to watch the incredibly high stakes drama in Europe. The European Central Bank meets today and is expected to cut interest rates again, which is no big deal. A big deal would be if the ECB announced a round of real quantitative easing.
This morning, the futures indicate little change in the stock market and low trading volumes.
Tomorrow will be a different story . . . so, stay tuned!