The Fed will most certainly raise another 1/4% in December but ECRI’s U.S. Weekly Leading Index (WLI) fell to 145.0, while WLI growth decreased to -2.6%. (Source ECRI) But could the Fed's dot plot for 2019 start to change? The market is now only expecting about 2 additional hikes next year. If economic #'s continue to slide we could be much closer to the Fed pause than we realize. I may buy short term treasuries through the etf SHY at that time. SHY should provide a stable investment and a slight yield (probably close to 3%) while the stuff hits the fan.
Disclosure: No position
Disclosure: No position
RSS Feed