Is it possible for the last 10 weeks to have flown by, but also to feel like the longest 10 weeks of your life? The last 10 weeks have been a whirlwind and have had seemingly inconceivable developments every single day. At the same time, they've also felt like this:
You can only manipulate the financial system so much without causing a large disconnect in the free market. This week we briefly saw what can happen when too many people want to get cash out of a system the Federal Reserve has been micro-managing while trying to stimulate economic growth.
When you hear a non-business radio station discussing the rise in interest rates it is clearly something people are starting to notice. Most people, including too many financial reporters want to group all interest rates into a single category. They do not understand the inner-workings of how interest rates are
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
Things are getting interesting out there. The market SHOULD be rising strongly.
The 4th Quarter is by far the strongest of the year historically.
Wall Street’s favorite candidate appears to be running away with the presidency.
Earnings are expected to increase for the first time in 5 quarters.
The
