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A Break in Interest Rate Hikes?
Hello:
Recent softening of energy prices is leading to speculation that the Fed may not hike interest rates in December, but rather wait until the end of January. That, plus seasonal pension plan funding, may be helping to rally the markets. We will watch for unemployment figures and for consumer sentiment figures on Wednesday to see if inflation remains contained.
TriSummit Financial offices will close at 11:00 on Friday due to holiday market hours. Have a Happy and Safe Thanksgiving Holiday!
Terri G. Millson, CIMC
PresidentRay Dicius, CSA, GEPC
LPL Branch Manager