Is Not Broke – Recession Proof Wallet

The Fed’s new mantra is to look at the totality of upcoming economic data releases to determine if their job is done, but even if there are no new rate hikes, rates need to remain in this restrictive territory for the foreseeable future.

The Fed Governors now need to determine how much further they need to go with higher interest rates, which have been used to slow the economy and tame inflation.

So far the trade war has hurt Chinese investors most

Stocks ended last week down as Q2 corporate results, Middle East developments, and the chips trade took investors for a choppy ride.