And the week isn’t even over yet ...

The FOMC did nothing yesterday, as expected.

The markets were crazy early on ... and then again following the meeting. (A whole lot of jockeying, as Jack likes to say.)

The US dollar was the overall loser on the day; the standout winner seemed to be the euro.

In the last hour of trading yesterday the S&P 500 wiped away much of the day’s gains; futures are relatively flat as the morning gets going here in the US.