Ep. 14: Alice In Wonderland - Will The Fed Make Bad News Bad Again?

Offbeat Wall Street

This week, we're asking the key question: have the financial markets gone through the looking glass? Down is up. Black is white. Bad data is good data. And it's all the Fed's fault. For the past few weeks, the markets have been cheering weak economic data, believing it will force the Federal Reserve to delay rate hikes until later in the year. This week, we find out whether it worked. The Fed is going to announce its interest rate decision on Wednesday. We give you a preview and break down the biggest stories of the past week.