Oil Losses Post Trouble for Stocks Once Again

This week is Fed week.  The Open Market Committed of the Federal Reserve will meet Tuesday and Wednesday of this week to deliberate about its short term monetary policy.  Federal funds futures which handicap the likelihood of the Fed hiking short term rates again suggest that there is only a 26% chance of a rate hike at this month's meeting.  Lower oil prices caused the Dow to fall 209 points.