Category Archives: Federal Reserve
News You Need To Know
So for the last little while, things have been blah. Not that I am complaining; I think February and March all provided enough excitement to last us for a couple of years. However, this week there were a couple of key developments that I wanted to discuss with you that I think are important toContinue reading “News You Need To Know”
What Happened to the Market Yesterday? & What YOU Should Do….
Please buckle your seat belt, we are about to experience some turbulence… It would have been nice if Chairman Powell had ended his press conference this week with that warning. And with that, the S&P 500 was lower by 5.9% at the close of business June 11, 2020. So why this now? We seemed toContinue reading “What Happened to the Market Yesterday? & What YOU Should Do….”
What the Fed Just Happened?
Sunday the Federal Reserve took the extraordinary measure of cutting the federal funds rate to 0 – .25%. Along with other steps. The markets subsequently sold off as soon as the futures markets opened at 6PM E.S.T. Sunday, as they interpreted the move as a move indicative that things were worse than they were. Normally,Continue reading “What the Fed Just Happened?”