Market is looking at a little clarity from the FOMC tomorrow on its path of monetary policy.
The Fed is expected to lay out a road map to transition toward monetary easing, and a policy strategy to tackle increasing pressure from economic slowdown and job market cool off, especially for young generations.
The Fed will not declare victory of inflation control to its target, however will be explicit that future policy will lean toward its mandate of economic growth.
I think the market will react to Fed policy statement favourably. I am continuing to bet on the banking sector and high tech companies which could benefit from lowering interest rates.