July 31 - Investors are poised to see if Ben Bernanke and the Fed will act swiftly to prop up the economy. But don't expect any unconventional heroics like 80s MacGyver.
-- he's an all American action hero and Geithner have in common with this guy. Reflecting its concerns about the slow pace of progress in reducing unemployment and the downside risks to the economic. Well -- not their luck. Both have the speed of the world in their hand and to think outside the box that saved the day investors are waiting to see if Ben Bernanke act swiftly if they've the flagging recovery when -- badly as its latest policy decision. The thing all left for Ben and his band of policy makers are unconventional fuels like. Buying bonds for us meaning though the focus will be on interest rates that's according to word expert on Jason. Let's talk about many. -- expectations the most we're likely to get from the Fed is a pledge to keep interest rates super low for even longer than they've already promised. The other thing the Fed might do is just give a more dour assessment about the health of the economy. And that's the -- for perhaps stronger action on the road. -- meantime investors are like eight coiled cobra. Or is sitting duck depending on how you look at things. Here are some likely played depending on what this fad says. -- trigger or hints at more bond buying expects stocks to leap for joy. The market hasn't fully priced sighting yet if the Fed just sits on its hands we could see a big sell off on worries upcoming elections will -- policy. Now wild card would be if the Fed cut the interest it pays to banks on excess reserves. Again we would see a drop as markets fret about unintended consequences. Earnings and we are past the halfway point for the S&P 500. Companies are missing their sales target hurt by the European debt crisis. This trend could continue with Wednesday's results before the -- Avon Comcast. Harley-Davidson. The IntercontinentalExchange. MasterCard marathon oil and Time Warner. After the close its MetLife and Prudential Financial. I had we've seen manufacturing dig itself out of a hole for the sector now risks falling back into it. I have part that I some figures out in the morning could show a very weak rebound but barely enough to show growth. The only significant improvement is likely to come in new order -- Stay with insider and British teacher probably for more expert announces that reaction to the Fed meeting. You can catch insider on Twitter at Reuters Insider and check out our -- YouTube channel at Reuters dot com slash players TV. I'm -- mom this has traders.