At 2 p.m. EST, the only thing the financial world will care about and discuss will be the Fed's [first rate hike in 9 years|epic disappointment]. So for those who still haven't made up their mind about what the Fed's [dovish|non-dovish] rate hike means, here is all you need to know.

First, a list of all the key announcements and public statements that everyone will be parsing at a feverish pace, courtesy of Citi:

The schedule

Compared to the stable and mature political identities of the American, British, and French nations, the political identities of both Israeli and Palestinian peoples are, in a way, in their adolescence. Israelis and Palestinians alike, have and continue to interpret the nature of the discord between them as "you versus me" in a prejudiced and selective way.

San Francisco is the top sports area in the world today.

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

The upside is ephemeral, illusory or wishful thinking; the downside is real and lasting.

On October 30, the BOJ was widely expected to do something and disappointed markets by doing nothing.

Then, on December 3, the ECB had pushed markets into a rabid, EURUSD-shorting frenzy only to dramatically disappoint by doing the barest of minimums compared to the historic pre-jawboning by Draghi and company.

Today, according to the market there is nearly a ~80% probability that the Fed will announce the first rate hike, precisely 7 years to the day after it cut rates to zero.