skip to main content

PVG Market In A Minute – November 24, 2015

  • PVG Admin
  • November 24, 2015

The Federal Reserve minutes that was released on Wednesday of last week, sparked a rally in the market. We think the Fed is very likely to raise rates in December. In a less obvious way, the Fed has implied their target would be around 2% on the Fed Funds rate rather than the prior target of 3.75%. The new target is basically the rate of inflation. That is very positive as it is about half of the prior target.

Please click the link below to continue reading:
Market in a Minute 2015-11-24


Contact Our Asset Management Firm