The Fed raised interest rates at their meeting this week, just the 3rd time since the recession ended nearly 8 years ago. Over the past two weeks market participants have worried the Fed would push rates up too far and too fast. Stocks rallied during Fed Chair’s press
Last week we saw an increase in the pace of job creation. This week the Fed is expected to raise interest rates. Depending on your vantage point, things are looking up or they are about to turn lower.
We will delve deeper into the Fed decision later in the
It’s the time of year where portfolio managers and investors alike are in a festive mood, which typically leads to a nice rise in the market. The so-called “Santa Claus” rally typically begins the week before Christmas and then carries into the new year. Whether it
The Federal Reserve raised interest rates this week for the first time in a year. Unlike previous expectations of the Fed pulling back their “stimulus”, the market has not only shrugged its shoulders, but rallied in the face of these rate hikes. This is a welcome development 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
