Big Macro Week: FOMC, Earnings & GDP
A pivotal week is ahead with the Fed rate decision, Microsoft and Alphabet earnings, US Q3 GDP, and PCE inflation data all dropping. S&P realized volatility is historically suppressed, statistically preceding a spike.
What we know
An account on X highlights the stacked calendar: FOMC Wednesday, MSFT & GOOGL earnings Wednesday, PCE and GDP both Thursday. Another account on X notes S&P realized vol is sitting in the bottom 17% of its yearly range — historically, the next 5 weeks got more volatile 77% of the time from this level. Another account on X from the Goats feed is also sitting out the weekly close, explicitly anticipating a volatile week ahead.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.