former federal reserve vice chair alan blinder >>> b of a's head of commodity francisco blanch and jason trennert >>> right now, markets today, pretty light volume as we are waiting for the slew of earnings headed our way almost 180 s&p companies later in the week. not to mention some in data that toward the back half of the week that will be important for a fed decision that is seven trading sessions away. >> we'll get gdp first look, second quarter we'll get the pce, numbers on inflation. the market is baked in that the fed is going to raise interest rates in may even if gdp is soft, atlanta fed's at more than 2%. the consensus is around 2% economic growth. that's not something that would necessarily sway the fed the biggest question is going to be going into next week's meeting, what sort of tone they take will they back up the market's view they're one more and done will they be cautious about bank lending? we're in the early innings. >> in the meantime, some pmis have gotten april off on the right foot is the market a buy? what is the next event that will meaningfully move the market that's