FOMC Here We Go

All of the talking heads are talking and talking about the FOMC. This is an important meeting for the market. Bernanke in February was pretty accurate in his assessment http://www.federalreserve.gov/newsevents/testimony/bernanke20120229a.htm . I am thinking the FOMC announcement is going to be pretty neutral. No QE3 with a TWIST. The market I believe has QE3 built in which is a mistake. It will be interesting to see the impact today. Stay tuned.