The “Secret” Reason Yellen Doesn’t Want to Raise Rates. Special Fed Meeting Update
I believe there is a “secret” behind the Fed being slow to hike short-term interest rates. I will get to that in a minute. Today’s Meeting Let’s start with non-controversial items first. The Federal Reserve Open Market Committee concludes their two day meeting with an announcement at 2 pm that interest rates will not change today. That’s what the markets are expecting. There has been all kinds of hot air coming from several Fed officials that rates need to rise […]
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Date: April 27, 2016
Stocks Growing Tired
With the major indices going vertical since October 9, I am starting to see some signs of tiring. “Tiring” is a lot different than forecasting a full fledged correction or even a deep pullback. It just means that the odds favor either some sideways action to help restart the engine or some sort of mild price decline to shake out the Johnny Come Latelys. During this rally, we saw the S&P 500, S&P 400 and Russell 2000 hit all time […]
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Date: October 23, 2013
Bernanke’s Worry Lines & CNBC’s Closing Bell
I will on CNBC’s Closing Bell today, Friday, at 4:00pm discussing the lack of any taper from the Fed, what they see that the masses don’t and where the markets are ahead. Earlier this week in Street$marts (click on link to see) and on my blog, www.investfortomorrowblog.com I spelled out the three scenarios that could result from the Fed meeting. While I did not believe any taper was warranted, the market was expecting a token $10-$15 billion. When Bernanke & Company did nothing, risk […]
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Date: September 20, 2013
