Some Have It Better Last week’s Fed meeting came and went, as did another week of investors looking for any new hints where interest rates might go. But why do we even care, really? Do interest rates actually matter as much as investors seem to think they do? Interest rates can be thought of as…Read more
Pump Prognosis Between escalations in the Middle East, drone attacks on Russian oil refineries, and OPEC production cuts, the conditions seem ripe for gas prices to be on the rise. But so far that hasn’t happened. The average price per gallon in the U.S. remains high, sitting at roughly $3.73 in April before it fell…Read more
Hikes… Take a Hike Markets came into today’s FOMC meeting pricing a 99.5% probability of the Fed holding policy rates steady, and there were no surprises on that front. What markets have been cueing from recently though, was the possibility of a rate hike being mentioned. That didn’t happen. In fact, great effort was made…Read more
