I predict the FED hikes interest rates today!
Based on my track record, I’m destined for a job with the National Weather Service (NWS).
Since the 10yr. T-Bond wasn’t able to bust out above a key line in the sand around 2.60%, I don’t see a lot of asset allocation switch programs being implemented.
I find the economy much softer and am not in the camp that believes this is the start of a series of many interest rate hikes. In fact, by 2018, I suspect we shall see the FED once again creating new “funny money”, as the world and the U.S. slip further down the economic growth scale.
I find safety in cash, gold and most importantly by far, Jesus Christ!