Traders are passing around Janet Yellen's horoscope. We read it, and it's giving us chills.
At 2:00 p.m. ET, the Federal Reserve will announce its latest monetary policy decision, with Fed chair Janet Yellen set to hold a press conference at 2:30 p.m. ET.
To kill time before the announcement, traders, strategists, economists, and the media are trying to occupy themselves and second guess their opinion on what the Fed will do.
Frankly, no one knows.
Markets are pricing in about a 30% chance of a Fed rate hike and Wall Street economists are roughly split down the middle.
And so in the final hours before the final decision, Dave Lutz at JonesTrading sent around the horoscope of chair Yellen (who was born on August 13, making her a Leo).
Because why not.
You're the missing piece of the puzzle today, Leo. As a result, people will look to you for answers. The good news is that you'll have them at the ready. Trust yourself. Information and new ideas may be flying around, and you may be called upon to make sense of it all. Don't be afraid to err on the side of the fanciful. This may be exactly the answer needed.
Deep.