May 23, 2023
Posted on May 22, 2023
Planning and Guidance, Tailored To Your Life and Goals
Posted on August 23, 2016
<![CDATA[Last week, Wall Street was speculating about monetary policy with the enthusiasm of commentators trying to predict who will bring home Olympic gold. The Federal Open Market Committee (FOMC) is expected to introduce another rate hike before the end of 2016, according to the BBC, and it has just three opportunities to deliver the goods – during its September, November, or December meetings. Analysts and pundits parsed minutes from July’s FOMC meeting looking for clues about timing and found relatively few because there was no consensus view at the July meeting. The BBC wrote, “According to the minutes, some FOMC members felt ‘economic conditions would soon warrant taking another step,’ while others believed more data was needed.” The BBC also pointed out a hike in November was unlikely because of the timing relative to the U.S. Presidential election. The sooner-is-better camp inside the Fed has been quite vocal recently. CNBC reported New York Fed President William Dudley, Atlanta Fed President Dennis Lockhart, and San Francisco Fed President John Williams each made statements confirming solid economic growth is expected during the second half of 2016, and indicating it’s time to continue increasing interest rates in the United States. Recently, the CME Fed Watch tool (which looks at 30-Day Fed Fund futures prices to gauge the likelihood of changes in Fed policy) put the probability of one-quarter to one-half percentage point rate increase during September at 88 percent. That may change this week after Fed Chair Janet Yellen speaks at the Fed’s summer retreat in Jackson Hole, Wyoming. She’s expected to provide some indication of whether the Fed is ready to take action. If you would like more information, just ‘friend’ the Fed. It now has a Facebook page.
“…Wi-Fi uses radio waves. The openness of these signals at public hotspots, combined with the right eavesdropping software, can allow others to take information without your knowledge – much like someone overhearing a private conversation in a crowded restaurant. Don’t assume that a public Wi-Fi network is safe and secure simply because it has a password. Remember, these passwords are shared, so anyone nearby can easily hop onto the network and see what you’re doing.”Protect yourself with some dos and don’ts of free public Wi-Fi: Do: