I remain very agressively short the stock market.<.cite>
Several analysts on CNBC agree with you, which is surprising since I find they lean bullward (?)
Their gist:
25bps likely, market expects (wants) 50.
If they get 0, calamity (at least short term)
If they get 25bps, (market down)
If they get 50bps, (no effect)
If they get 75bps, (utter panic)
Interesting nonlinear impact–signs of very volatile system.
