Weekly Wrap-up

We really didn’t see this coming….

This week the Federal Reserve Bank met this week and surprised most by raising the key Fed Funds rate by 0.50%.  The markets reacted strongly on Thursday 12/15 by declining by 900 points at one point.  November inflation had come in 0.1% higher than the previous...

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An unexpected surprise…

Last week the inflation report came in for October much lower than expected at 7.7%. The market reacted strongly with the Dow Jones Industrial Average soaring 1200 points or almost 4% Nov.10. The S&P 500 increased 5.5% the same day. This is the biggest rally we...

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