Fed Hikes Another Quarter Point

Fed Hikes Another Quarter Point

Friends   The Fed raised interest rates one quarter of a point today as expected. The Fed Funds rate now sits at 5% to 5.25%. In the statement released this afternoon the Fed indicated that they were not anticipating further rate hikes but instead will determine...

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Fed Hikes Another Quarter Point

Stocks Tumble Before Fed Decision

Friends The combination of weak economic data, terrible price action in regional banks and the impending Fed rate hike tomorrow had stocks on the defensive from the opening bell. It’s as if the market was throwing a tantrum before the Fed even releases their statement...

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Fed Hikes Another Quarter Point

Stocks Quiet Before Fed Meetin

Friends It was a very quiet day of trading as investors wait for this week’s Fed decision on interest rates. The FOMC meeting begins tomorrow and will wrap up on Wednesday with the Fed statement and subsequent press Fed Chair press conference. On the earnings front,...

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