Post-FOMC press conf (2:30pm), equities rallied 5D last 5 of 6 instances. Small-cap remains most compelling.

VIDEO: The Wed FOMC meeting key this week.  Markets managed to rally 5 of the last 6 FOMC meetings.

Please click below to view our Macro Minute (duration: 05:32)

As we near the start of August, it is worth bearing in mind the "base case" for August is flat to down for the S&P 500. In 2024, the context could be fueled by a rotation into small-caps ("summer of small caps") or large-cap earnings dis...

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