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On the SPOT™ blog (12/11/2023) [G..]

This morning (PST), all three major US indices are close to the flat line with DJIA, S&P500 in slight green and Nasdaq Composite in mild red. NY Feds' survey showed that consumer expectation for inflation for one year dropped. This is perhaps powered by drop in oil prices in recent past. This week, all eye are on FOMC meeting conclusion as the last rate hike decision of the year is due on Wednesday. Investors will looks for clues in comments from the chairman to gain insights into the policy schedule for 2024.

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