Watching the minute by minute updates all day of the Dow movements, on Monday (8/24/15), was like taking my grandsons to the boardwalk last weekend to ride the amusements. At times, it was frightful, exciting, and, a little scary? In the end, it was all very tiring. When all was said and done, I had spent a great deal of…
Tag: Economy
Will a Slight Rate Hike Help or Hurt?
There is serious talk of a potential rate hike coming as soon as September. Hey, that’s less than a month away, and signals the end of the summer. Bummer! Insiders believe the chances of this rate hike are running at just above 50% (Rates). Wait, that also means there’s about a 50% chance that rates won’t rise. What do you…
Market Challenges
A major challenge ahead for the market is the transition central bankers policy. A few years ago the G-20 was fairly much in sync on their plan for aggressive stimulation, specifically quantitative easing (QE). The difficulty for some was determining how and how much. Now, the disparity of policy is larger because some have little left in their arsenal to…