Here's what is happening in the markets today, Wednesday, December 14th

Stocks closed higher for a second day in a row
Reason: Better than expected CPI data
But it was a rollercoaster ride with wild swings
Next on deck: Fed Meeting at 2:00pm ET
Fed is expected to raise interest rates by 50 basis points
Most important: Fed Chief Powell's press conference at 2:30pm ET

โ€ฆ and much more


PLUS: How we trade these markets and our current positions


This wraps up today's stock market news.


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