|Bid||144.27 x 5000|
|Ask||144.31 x 6100|
|Day's Range||143.92 - 144.87|
|52 Week Range||113.22 - 144.87|
|PE Ratio (TTM)||8.15|
|Expense Ratio (net)||0.20%|
This week’s economic calendar will provide investors with two very important data points: the Federal Open Market Committee (FOMC) meeting on Tuesday and Wednesday that culminates with an announcement of monetary policy and the initial Q2 GDP reading on Friday. This week’s FOMC meeting and announcement are not expected to provide much in the way of excitement for the Street. The FOMC is widely expected to keep the federal funds target rate range unchanged at 1.00% to 1.25%.
Bill Gross said in his July 2017 Investment Outlook that central banks in major developed nations maintained an ultra-low monetary policy for nearly a decade.
The bearish timing isn't working.