While almost 100% of analysts were predicting at least one rate cut, the June jobs report changed the equation
Perhaps JP Morgan should expect a trophy for being more progressive than the progressives
Banking Exchange Predicted the Increase Four Months Ago
“That would be like pressing on the gas and the brakes at the same time.”
With the introduction of Facebook’s Libra cryptocurrency, Bitcoin has just officially been given an expiration date
Bitcoin is up an astounding 100% for the calendar year
Executives expect significant U.S. Real Estate Investments coming in from China, Canada and even Mexico
Technology shares are likely falling due to pessimism that the Federal Reserve may decide not to cut interest rates
They expect the FOMC to keep the funds rate unchanged in the remainder of the year
Expectations for Fed bailout were high last week after Trump’s threat to put tariffs on all Mexican goods