Hey Government: It’s Time To Get Serious!

Brian Wesbury, Chief Economist at First Trust Portfolios, does a nice job in the commentary below comparing and contrasting the difference between the private sector (which is doing well) and the public sector (with governments of all sizes in precarious financial positions).  This divergence is a risk factor; the next crisis could erupt from the […]

Two Important Near-term Events

Two near-term events may have the potential to wreak havoc on markets.  They could also pass without much notice, especially given they are known events.  I am referring to a potential Fed rate hike and the October 14th implementation of Money Market Reform (MMR).  Both could create an uptick in other lending rates.  Interest rates […]