MFA Musings: 7/1/19
Summer is here.
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!