The Fed: More Noise Than Meaning

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Some commentary from one of our favorite market thinkers :

The Fed: More Noise Than Meaning

by Brian S. Wesbury – First Trust Chief Economist

Get on with it already! Don’t get us wrong, we know this is the “Super Bowl” for business journalism (anyone have tix to the ESPN party?), but raising rates from 1/8th to 3/8ths of 1%, after six years of economic recovery should be a no-brainer.

Our suggestion: spend the week analyzing companies and investment products. Don’t get sucked into the idea that there is some genius trading strategy for how to deal with this.

That’s right; ignore it. Don’t read the statement and don’t watch the press conference.

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About the Author:

Paul is the co-founder of Concentus Wealth Advisors and currently serves as the Chief Operating officer of the firm.

After graduating with his Finance degree from Georgetown in 1997, Paul spent three years working for Credit Suisse First Boston in New York on their institutional sales desk and then as Director of Global Equities Information Technology. Paul continues to use his technology expertise to bring cutting edge resources to the Firm and their clients.

He currently resides in Berwyn, PA with his wife and four children.

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