Fed Flat Effect

The Fed meets this week and may end up dropping rates again. Markets are quiet in anticipation. GM is cutting back on SUV and truck production-- no surprise there with the price of oil at around $120 per barrel. Kerkorian is increasing his stake in Ford, expecting a turnaround at the big automaker. For now, most investors are on hold. DJIA -20.11 NASDAQ +1.47 S&P 500 -1.47