Monday, June 24, 2013

SOOTHING NERVES THE FED WAY

There's the old tale about the three monkeys: see no evil, hear no evil and fear no evil. 

And then there is this, the variance of opinions among current members of the Federal Reserve Board. It's sure to calm investor nerves. It just make one feel so much better to know that these watchers of the public trough have their economic acts so smoothly in place. 

In a previous life they could have all been weather forecasters.

http://money.cnn.com/2013/06/24/news/economy/federal-reserve-qe3/index.html?iid=HP_LN

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                       Higher Interest Rate Impact

One of the things you want to ask yourself  is what impact higher interest rates will have on energy prices. 

 We've been talking energy for a while now. It's been one of the forgotten commodities in the equity rally that started at the first of the year and all the palaver about future US energy independence.  This might well be a place you want to take a: "Not-so-fast approach."

It could turn out to be a unexpected opportunity to make some serious money.

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