The Specter of Rising Rates
Suddenly, out of the blue, August’s data came in well below expectations; the economy now appears to be sputtering as we end the third quarter. Yet the Fed has put the markets on notice that it intends to soon raise interest rates, or at least that is what the market thinks given the hawkish speeches […]
Investors, prepare for slower growth
From an investor’s standpoint, this has surely been a summer of discontent. All markets appear to be too high, there is no yield to be found, and there appears to be no place to hide, at least inside current investment standards as set forth by Wall Street. While the conventional wisdom looks at cash as […]