FED Stays the Course
The big news this week in investing is that the Federal Reserve Board (FED) met and decided to largely “stay the course.” The board continues to indicate that they may raise interest rates in 2016 but will do so cautiously as they continue to be very aware of world events and the global economy. Their announcement does not surprise us - we see this as a “dove’ish” FED. Our investment outlook remains generally the same.
As always, please let us know any questions or comments. We appreciate hearing from you.