Yay, us! As per tradition, the week following an FOMC has become “Goon Week” as an endless parade of Fed Goons seek out available microphones in order to revise and extend the Fedlines and Chief Goon Powell’s remarks from the previous week.
But first, the week begins with a US market holiday. I’d completely forgotten about this one as it was just enacted and signed into law last year. “Juneteenth” celebrates the day when the final group of slaves were finally emancipated after the end of the US Civil War. With slavery such a terrible blot on my country’s history, a holiday…