The sheer nuttiness of a U.S. leader savaging his hand-picked Fed chairman is sure to unnerve markets as 2019 approaches. more...
The Fed’s rate hike was no surprise, considering that futures prices had pegged odds at 100%. What might have surprised some was removal of “accommodative” language from the Fed’s statement. However, the strong economy arguably makes that support unnecessary. more...
Will the Fed continue to raise interest rates in the year ahead? Commonwealth CIO Brad McMillan reveals what investors can expect to see from the Fed in 2018. more...
All eyes are on the Fed. When will it begin to raise interest rates? Some say next summer. Others think sooner, in the first quarter of next year. A few Fed governors insist that will be too late, that the Fed needs to act before year-end. Analysts hoped some hints could be gleaned by reading between the lines of Fed Chair Yellen’s speech in Jackson Hole on Friday morning, or perhaps from nuances in her tone of voice. That is how much investors, who despised the Fed ...
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