Quick stat to start the day, especially given the advance on Wall Street overnight: Since 2013 the S&P 500 has rallied 12 times the session before a FOMC...

David Scutt

Scutt Partners

Quick stat to start the day, especially given the advance on Wall Street overnight: Since 2013 the S&P 500 has rallied 12 times the session before a FOMC policy decision (80%). The session after it's rallied only 8 times (53%). Hints at 'sell the fact', something to consider given the markets are almost unilaterally thinking the October statement will be dovish.


David Scutt
David Scutt
Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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