Dalton — As I write this column, the federal funds futures markets point to a 30 percent chance that the Fed will cut rates June 19 and an 86 percent chance that they’ll be lower July 31. I’d guarantee you that the Fed won’t be cutting this week, but since there are no guarantees in this business, I’d say the odds of a cut this week are about the same that little green men from Mars built the pyramids.
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Bail out blues
by Bill Schmick
Investors have been giving Congress the benefit of the doubt—until now. A long-promised second tranche of fiscal stimulus was supposed to be passed by the end of the month. The clock is ticking, but the horse-trading has just...
Adviser keeps vigilant eye on assets, also scouts for opportunities
Real Money: Straight-up Answers with Berkshire Money Management DALTON — How can you tell when someone is going to have a future in the money business? Probably if he’s buying stocks in his teens and earning an adviser’s...
Productize your service
by Allen Harris
The urgent steps we needed to take in response to the coronavirus are largely behind us. Some of the new tactics we employed will disappear (look-don’t-touch shopping), some of them were trends that accelerated (videoconferencing), and there are...