Like we warned in May when the “sell in May” advice was going around, making investment decisions solely based on the calendar can be detrimental to your success. Those that did move to the sidelines in May missed a volatile start and end to the summer as
This week Business Insider had a chart illustrating just how bad the Fed has been at predicting where interest rates will be (you know the very thing the Fed controls). Keep in mind, their interest rate forecasts are based on their predictions for the economy, so
After celebrating the “no rate hike” announcement from the Fed Wednesday afternoon and Thursday morning, market participants seem to be shifting their attention to the REASON the Fed didn’t raise rates — economic growth is again decelerating.
While the fact remains my economic indicators
During Fed Chair Janet Yellen’s press conference on Wednesday a question came up regarding Productivity. Chair Yellen expressed the committee’s frustration and concern over the lack of productivity growth in our economy. She cited the lower productivity growth as a reason for the Fed’
It’s another week where the highlight will be the “much anticipated” Fed meeting. I’m not sure how we got here or what will happen to get away from this focus on the Fed, but it’s not normal for a central bank to