Weekly Update:

Good morning!

Happy July 1st:

Summer has finally arrived in the northwest part of the country.  The temperature has been in the mid-80’s and the ice cubes are in the drinks and not the lake.

This will be a slow week due to the Holiday. The bond market (and our office) is closed on the fourth of July therefore, the fifth of July may be a little quiet.  Make sure that you spend some time with family and friends.  We are very fortunate people to live in the United States, which is a robust democracy.

On the economic front, the FOMC is still in the news way too much for my (and I am sure their) liking.  The Fed Funds futures still point in the direction of two or three 0.25% rate cuts this year.  There is still a lot of unknowns, so don’t make a bet today.

Contact your MFA advisor to discuss ways to grow profitability with an inverted yield curve.  All of us at McQueen Financial are dedicated to your long-term success.

Have a great week!

Charley

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