November 1, 2016 For those of you who are old enough, you might remember Ed Sullivan starting his weekly broadcast with “We have a really big shew tonight.” Well, when he said it, show did sound like “shew.” Ed Sullivan was the venue that featured Elvis Presley, the Beatles and countless other acts for a […]
Read MoreIf you were looking for a respite in the markets after the meeting of the Federal Reserve’s Open Market Committee, you would be disappointed. This week the jobs report for September is being released, the first big news of the last quarter of the year — though it is based upon third quarter numbers. Because […]
Read MoreSeems like it happens often when a meeting of the Federal Reserve Board is coming. The markets analyze all the data, and declare that the rate hike is not likely. Then the closer we get to the meeting, the more the markets get jittery by thinking that a rate hike may take place anyway. This […]
Read MoreAs one would expect, as the date of the presidential election draws near, the words are heating up from both sides. And while we don’t take sides with regard to these words, we must point out that these heated exchanges can affect the performance of the markets. Certainly, strong statements can affect consumer behavior. For […]
Read MoreEconomic statistics indicate the economy is producing over two millions jobs per year. The continuing rise in these statistics raises the question as to when the Federal Reserve will increase interest rates. The Federal Reserve directly controls short term rates but only indirectly affects long-term rates through their actions. It is possible that the Fed […]
Read More
As the economy continues to do better, Chairwoman Janet Yellen spoke this month and indicated that the Fed will definitely be increasing interest rates this year. She did not give an exact time, but it is more likely to happen in September than in June. February and March’s subpar employment creation numbers were likely attributable […]
Read More