The Fed now says they can be patient on rates. Really. No kidding! As we have told you, unless the market forces their hand, the Fed will never raise rates. And it is our opinion that on any blip in markets or the economy, QE4 will be right around the corner. Eventually this teasing of the markets will fall on deaf ears as the “boy who cried wolf” may come into play. Sorry Aunt Mary and Uncle Bob with those savings.
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- RADIO SHOW 6/21June 21, 2018 - 11:27 pm
- PRE MARKETJune 21, 2018 - 8:55 am
Futures going nowhere today. Yesterday…another day where NASDAQ/NDX leads…DOW is down. These divergences can last a long while but must be watched. Keep in mind, the NASDAQ/NDX is where the best growth is. DRI breakaway gap this morning. MU up a bit on good numbers. Yesterday, SBUX to new yearly lows as they lower numbers. […]
- RADIO SHOW 6/20June 20, 2018 - 6:53 pm