Halloween spending is expected to reach an all-time-high this year at 8.4 billion dollars. That ‘s a lot of candy corn. Personal Consumption in general rose 0.1% last month, to make the total 1.7% higher from this time last year. The Federal Reserve has raised interest rates just once in the last 40 years between September 1st and a presidential election in November, which is why there is a zero percent chance that Wednesday’s meeting will conclude with any surprise announcement. However, the odds are at 74% that we see a hike in December. Nobody’s bashful about spending money before Christmas. It’s not that hard to figure this stuff out.
