March FOMC meeting Wed is key focus this week. Incoming data likely shows broadening weakess (but is it priced in?). And is $NVDA rally a sign China deal is near?

Heads Up: As I am traveling tonight, I am unable to record a video.

For the first time in awhile (weeks?), the weekend was quiet from a policy perspective (consider last Sunday’s “there will be pain”). And this likely adds to the equity markets regaining composure in the week ahead:

The most important event this week (barring Washington news) is the Fed's March FOMC meeting (Wed 2pm ET). The S&P 500 has fallen 10% from its 52-week high, pricing in a 40% probability of a recess...

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