September 16, 2016
By Peter Bower
Last Friday, several Federal Reserve Governors started a public conversation about interest rates. Some want higher, others want to leave rates unchanged.
A week later we are still feeling the impact of their comments. The S&P500 is down 1.6% and volatility has returned to all markets.
Stocks and bonds have experienced a week of ups and downs – mostly down – due to fears that global monetary policy will not be as easy as expected. Not all the volatility has been lower. The markets ups and downs create opportunities for purchasing good stocks at good prices.
Stay Steady, My Friends.
The Lonely Bull.
