Free Economic Analysis and Investments
September 27, 2006: The Federal Reserves discount rate increased from 3.75% to 4.00% with the latest rate hike. The rationale for hiking rates is soaring inflationary expectations driven by a supply-side economic shock. The economic shock is mainly due to gas and oil shortages and tariffs. U.S. and global bond yields are rising. This is… Continue reading September Stock and Fund Picks
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