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.
Insights & Advice
More Articles
The Business of Space
by Bill Schmick
Space! It holds the promise of riches beyond our wildest dreams—solar systems bursting with precious resources ripe for the taking. Just the idea of such prizes has set off a frenzied rush by global business entrepreneurs to claim...
Master Your Goals
Earlier this week, our CEO Allen Harris, pointed out we all have “woulda-coulda-shoulda” investment opportunities, but how can we minimize that? Ideas. Plans. Goals. We are almost halfway through the first quarter of 2021. Now is the time...
Stocks regain momentum
by Bill Schmick
What a difference one week makes! Stocks recouped all their losses this week, and then went on to make new highs. The outcome of President Biden’s proposed stimulus bill will determine the market’s next move. Let me set...