The Fed Speaks

The Fed Speaks

Friends So, here is what we heard from the FOMC and Chair Powell this afternoon. It seems likely that the Fed will begin the tapering process (reducing asset purchases) in November or December of this year and that the process will take about 8 months which means it should...

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Volatility

Volatility

Friends   For years now we have seen disruptive days like the one we saw for stocks yesterday followed by heightened volatility. Today was no different with stocks moving nicely higher at the open, only to run into selling that sent the market averages back down into negative territory...

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