I spent last week totally off the grid in Lake Powell. It took a few days to get used to not having my thoughts interrupted by my phone buzzing or my computer dinging. And now that I am back in cell range I am struggling to get into the swing of things. Maybe it’s for the best since I’ll be at scout camp all next week.
The current Fed Fund Futures are pricing in a 3.8% chance of a rate hike next week, a 38% chance in July, and a 40% chance in September, showing the Fed is okay kicking the can down the road just a little bit longer and agreeing with my position that rates will stay low through the election.