Today is Fed day. Otherwise known as money-printing day. The statement will be interesting because it's starting to get to the point where the market may no longer trust the staus quo (money printing). As usual, watching how the market reacts to the statement, rather than the statement itself, will be important. Particularly, watching the bond market. Will the market start to lose trust in the Fed? Here are the big questions I have about our folks in Washington who are manning the printing presses: 1) How long can they keep printing money before the bond market rebels? 2) How on earth do they manage and "exit strategy" on this, without destroying the equity markets: 3) Related to #2, in more detail What do they do about this? 4) Gold is becoming a problem for them. What do they do about this: 5) Do they really have a plan? Or are they just making stuff up as they go along?