Market Recap for Monday, March 13, 2017
There really was very little movement in our major indices or in our sectors on Monday - which for Monday isn't really a bad day. But my guess is that traders are a bit cautious ahead of what many perceive will be another rate hike on Wednesday. I believe the hike is a foregone conclusion, so I'll be paying more attention to what Fed Chair Yellen has to say about the Fed's thoughts about the balance of 2017. It's a guess on my part, but look for the Fed to keep its hawkish tone.