It’s the week in review (Weekend Edition)…
- Putting aside the “circus” in the Supreme Court confirmation hearings the BIG story was another Fed rate HIKE. What does it mean to China? Something useful to know for your portfolio.
- Surprise!Surprise! Mortgage rates hit a seven year high as housing sales roll over. Yes it’s all about the FED
- Higher rates continue to drive junk bonds to a record winning streak. But is it time to pull the plug?
- With higher interest rates another recession looms on the horizon but does the Fed have any ammo to dig us out?