The Worst-Case Scenario For The Fed

Posted by Eric Parnell

Share on Facebook

Tweet on Twitter

Summary

The Fed is considering raising interest rates this week.

The Fed desperately wants to raise interest rates, not because the economy is so strong but so that they can have a policy buffer in preparation for the next recession.

But after too many years of waiting and coddling the markets, they are now very late in seeking to make such a move.

A misstep on Thursday could effectively close the window on their ability to raise rates going forward.

…..continue reading HERE

I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.

~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.

~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.

~ der_al.
A sane voice in a scrambled investment world.

~ Ed R.