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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Less talk, more tariffs
by Allen Harris
Dalton — The last week or so of stock market stumbling notwithstanding, we are now going on four and a half months of rallying. The median S&P 500 correction in the first six months of the recovery has...
Epidemic pulls pork prices higher
by Bill Schmick
The African Swine Fever could cause prices in China to spike 70% or more this year. The highly infectious disease is spreading throughout Asia and could lead to a large increase in the price of pork here at...
Markets sell in May
by Bill Schmick
The old adage “sell in May and go away” seems to be working this year. In short order all three averages experienced a down draft over the past few days that amounted to about a 5% decline...