Interest Rates

The Fed delivers a rate cut: What it means for you

Last month, the Federal Reserve cut its benchmark rate—the fed funds rate—by a quarter-percentage point to 4.00–4.25%. It is the first rate cut since last December. Fed officials left the door open to one or two more rate cuts before the year is over. The reduction in the fed funds rates surprised no one. Central […]

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2024—Another rise in excess of 20%

One year ago, we opined, “Rate cuts that occur because the Fed ‘can,’ not because they ‘must,’ is the preferred path” for investors. It’s not that we have special insights when peering into the future. We have yet to find anyone who can consistently and accurately forecast peaks and valleys in the stock market. But

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