The Fed’s Next Move is Designed to Surprise YouSeptember 19, 2024by Adam O'DellBanyan Edge, News, U.S. EconomyThe U.S. Federal Reserve holds tremendous power over the U.S. economy. By setting benchmark rates, it dictates the terms for interbank lending — and in turn, the borrowing costs for virtually every business and household in America. But aside from raising or lowering those rates, the Fed has very few meaningful ways to interact with the larger economy (excluding emergency measures, of course). So controlling the flow of information, controlling the perception and expectation of rate cuts, becomes one of the Fed’s most powerful tools.
Get Ready for an “October Surprise” in Stocks…September 5, 2024by Adam O'DellBanyan Edge, Investing, Investment OpportunitiesThe last debate on June 27 saw a historically disastrous performance from sitting President Joe Biden, who subsequently withdrew from the race — leaving Vice President Harris with just 100 days to make her case to American voters. Here’s what you can expect during (and after) Tuesday’s debate and why it may lead to an unexpected “October Surprise” for investors…
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