Another Government Shutdown Crisis

[FCorelli]

@Goofyhoofy

No way to know. If it lasts a long time and foments a recession, then the Fed will push rates down. If it’s settled quickly because, as someone says, “they wouldn’t be that stupid”, then maybe no effect. If the economy steamrolls on and inflation doesn’t abate, the rates increase. Some things aren’t predictable, and how long it will last and who gets the pain is probably one of them.

Thanks. That’s what I was “feeeeeling” but can’t say I was “thinking” it. Personally I like making money on my money market funds after 15 years or so. I don’t want significant inflation but I don’t want to see rates go too low again. And every time I see “FED” in a news story the subliminal message seems to be: They want to LOWER interest rates and are just waiting for some excuse.