The Case for Lower Rates

June 28, 2019 The Fed is split almost equally into two camps.  One group expects no change in rates between now and yearend.    The competing group expects a 0.5% rate reduction.  As we see it, the economy is chugging along at an acceptable pace and while inflation is...

Follow the Data

June 21, 2019 The Fed did not change rates at the latest FOMC meeting.  And while it is clearly leaning towards lower rates it has not yet reached that decision.  Fed Chair Powell repeatedly noted that the incoming data will determine whether the Fed pulls the...