Fade Fed Fear: Can today's meeting be a catalyst for risk-on?

(interim) peak FED fear

Yes, the recent sell-off is very FED related and the uncertainties for how QT will be received are enormous and will not go away over-night. But we also know the "Miss Market's" fantastic ability to quickly switch her view from "glass half empty" to "glass half full". There are many signs out there that show that we have sold off too hard, that volatility is too high and maybe the meeting (without FED basically saying anything new) will be the improbable catalyst that will serve as a slightly more risk-on green-light for a few sessions.

Trades for a calm Fed