Jack points out two things about the Fed meeting today: the first is that the Fed acknowledged that there are international risks. Meaning that acknowledge there are risks being posed by a slowdown and that it will affect the U.S. economy and currency. Second, is that there was a dissenting vote, it was not a unanimous decision. The dissent wanted to raise rates. The real path towards normalcy will take Fed to 2-3 rate hikes over the next year. Jack urges viewers to pay attention to how the market digests all this news.
Market Update: August Volatility
Although historically a quiet month, August has been anything but. Jack Bouroudjian tells us to pay attention to the rising…
Market Update: Turkish Disruption
Jack Bouroudjian explains how the disruption out of Turkey has affected the marketplace.