Connecting the Dots, June 2017
June 27, 2017
US stock benchmarks hit new all-time highs this month, and despite rich valuations, buyers think they’ll go higher still.
June 20, 2017
The Federal Reserve hiked interest rates again last week. Yes, it was a tiny hike, but as they say, “A quarter-point here and a quarter-point there, and pretty soon you’re talking about real money.”
June 13, 2017
America is fully employed, or so say the statistics. Federal Reserve officials think the job market is strong enough to justify higher interest rates. They’re afraid inflation will get out of control.
June 6, 2017
Americans have hated government red tape since 1776. Our founding document, the Declaration of Independence, complained King George III “sent hither swarms of Officers to harass our people and eat out their substance.”