FBC Risk And Reward With Deidre Bolton May 23, 2016
Everybody is holding back waiting for the fed decisions, we will hear from fedspeakers all week. The fed chair herself speaking friday morning. We saw low volume today. One of the lowest, lightest volume days so far, stocks in a narrow range, one of the narrowest that weve seen this year. That said there were some fascinating moves, and people did make money. However, utilities were a big drain. In this expectation of higher Interest Rate environment, utility, pay dividends, classic dividend players, you might say, if you get a higher yield as a saver, maybe utilities are not as attractive. So...