Sticker Shock: Fed to Hike Rates First Time in NINE Years!
Sticker Shock: Fed to Hike Rates First Time in NINE Years!
Courtesy of Phil’s Stock World
A rate hike – what’s that?
31 October
Five light-hearted Halloween films, picked so the only thing that jumps out at you is a pumpkin. No gore, no jump scares — just ghosts with better comic timing than most comedies.
Sticker Shock: Fed to Hike Rates First Time in NINE Years!
Courtesy of Phil’s Stock World
A rate hike – what’s that?
What else is there to say...
Has Kerry Gained An Upper Hand Over Neocon Nuland?
On Tuesday, Lieutenant General Sergey Rudskoy, chief of the main operations department of the Russian General Staff, gave reporters an update on Moscow’s efforts to squeeze ISIS by dismantling the group’s illicit oil trade from the air.
“The intensity of air strikes at Islamic State and other terrorist targets has been increased, Rudskoy told reporters, adding that The Kremlin’s warplanes have destroyed six oil production facilities and seven truck convoys in the past three days alone.
While The Fed is confidently rising rates, the market is signalling its belief that this is a policy error. Not only are longer-dated bond yields lower but short-term money-market expectations for January now see a higher chance of a rate-cut, than a rate-hike.