June 2010

Submitted by hmorgan422 on Tuesday, June 8, 2010 - 23:48

Wondering how today will play out.  We have the new home sales report which I expect to be down given the expiration of the the homebuyer tax credit.  That will quickly fade however as the Federal Reserve FOMC committee makes its announcement.  I don't suspect any change to policy but paying close attention to the language will be important.  What if anything will they say about the Europe situation and the US recovery?