Why Did Rates Go Up?

Like me, I’m sure you are glad the elections are over. The night of the elections, the stock market futures lost 800 points, but on November 9th, rebounded. A strong rebound! In fact, investors ran to the stock market, giving it the biggest its biggest increase in one...
Slow, But an Active Week

Slow, But an Active Week

This week was a bit slow, but the Fed was active. They announced that they would not raise the Fed funds rate (sometimes called the prime rate), but that there was enough indication that they should be able to soon… The market was slightly relieved, but did not move....