That we saw yesterday, increasing concerns about whether or not the fed is going to raise rates in june. Does the fed threat then rally . I dont think. So im not going to speculate on when theyre going to raise rates. The bottom line is you know theyre going to raise rates. It could be june or september, next year. What the real important question is what are you doing in the fixed income market if the feds raise rates you . Know theyre going to go up. Its just a matter of time. And i get very, very concerned about the 3. 5 trillion that is sitting in fixed income mutual funds as i look forward into a higher rate environment. They could be potentially at risk. Talk to me about stocks. Do you do anything differently with your stock portfolio . No, not at all. If you look at the market, i think the market is in great shape here. Reminds me of 1982 to 2000 market where it was up each and every year. Except for 1990 when down. 5 . One thing that you have to look at this market is theres no
Today it became more important after the Federal Reserve gave the clearest indication that the central bank could potentially raise Interest Rates again. In its released minutes most of the members say they are ready, they just need the economy to cooperate and that sent stocks on a wild ride with the dow moving 200 points in 45 minutes. By the close the dow index was off three points and the nasdaq rose 23 and the s p 500 was up fractionally. We have two reports tonight. Steve reports from the Federal Reserve on the minutes of the Central Banks last meeting. Reporter the u. S. Federal reserve strongly suggested the possibility of a june Interest Rate hike if the Economic Data improved as expected. In fact, in the minutes to its april meeting are he leased today they said some conditions had been met including a stablized dollar and diminished global risks. Many members expected other conditions to be in place. That meant further evidence the economy would rebound in the in the first.
Today it became more important after the Federal Reserve gave the clearest indication that the central bank could potentially raise Interest Rates again. In its released minutes most of the members say they are ready, they just need the economy to cooperate and that sent stocks on a wild ride with the dow moving 200 points in 45 minutes. By the close the dow index was off three points and the nasdaq rose 23 and the s p 500 was up fractionally. We have two reports tonight. Steve reports from the Federal Reserve on the minutes of the Central Banks last meeting. Reporter the u. S. Federal reserve strongly suggested the possibility of a june Interest Rate hike if the Economic Data improved as expected. In fact, in the minutes to its april meeting are he leased today they said some conditions had been met including a stablized dollar and diminished global risks. Many members expected other conditions to be in place. That meant further evidence the economy would rebound in the in the first.
Today it became more important after the Federal Reserve gave the clearest indication that the central bank could potentially raise Interest Rates again. In its released minutes most of the members say they are ready, they just need the economy to cooperate and that sent stocks on a wild ride with the dow moving 200 points in 45 minutes. By the close the dow index was off three points and the nasdaq rose 23 and the s p 500 was up fractionally. We have two reports tonight. Steve reports from the Federal Reserve on the minutes of the Central Banks last meeting. Reporter the u. S. Federal reserve strongly suggested the possibility of a june Interest Rate hike if the Economic Data improved as expected. In fact, in the minutes to its april meeting are he leased today they said some conditions had been met including a stablized dollar and diminished global risks. Many members expected other conditions to be in place. That meant further evidence the economy would rebound in the in the first.
Blinder and situated myself another at rh2 zoned homes income tax and nearby he can prevent inform major city around i can pretend my neighbors dont include an automobile repair shop a Large Elementary School a bu Public Library and several two and three apartment i can pretend or within a block of my neighborhood includes franklin it is another commute or the neighborhood shopping district and 6 story Apartment Buildings i can pretend i dont live in an urban environment with a mixed use with many, many household and hard work teachers and shop keermz and hundreds of neighbors that happen to have a different preference of food than me and neighbors that happen to love that market on the corner blue fog market embraces the neighborhood weve depended on to sherman Elementary School this is the paramount Elementary School to the project open hand to the st. Francis Foundation Blue fog markets listens carefully to the neighbors and acts on the concerns for example, in response to the comme