The One to Watch

The One to Watch  In the face of ’no news’, we have seen a continuing rise in long term treasury bond rates (and decline in bond prices). This week, markets were squarely focused on the potential for this trend to continue that sent stock prices reeling once again, putting a crimp on diversified portfolios. So […]
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Under My Thumb

Under My Thumb Fed meetings usually focus on the change in current interest rates, but this week the focus was on 2024. Current rates were left unchanged, but the Fed doubled down on the ‘higher (rates) for longer’ theme. Chair Powell repeated at least a dozen times that the Fed will “proceed carefully” from here, […]
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