Looks like we are going to4.5%.... Some on the street are thinking neutral could be 5% to 5.5%...... The market will not like it, if that kind of talk comes from the new Fed..... We just have to wait and look at the inflation numbers in January....
Another quarter point higher today. Many of the "experts" figure two more quarter point raises (in December and January). That would complete Greenspan's tenure. Is the new head of the fed going to immediately stop interest rate hikes? What kind of signalwill this send the market? Will he want to show he will be tough on inflation? If so, there could be a few more raises by spring.
Looks like we are going to4.5%.... Some on the street are thinking neutral could be 5% to 5.5%...... The market will not like it, if that kind of talk comes from the new Fed..... We just have to wait and look at the inflation numbers in January....
"The future has to be pried from the hands of the same old dinosaurs in order for our children and grandchildren to survive and prosper. --Marc Eckelberry
4.75-5% by next summer is a good bet, if conditions don't change much. The last few years were a fluke.
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