03.17.18 Weekly Market Wrap-Up With Tom and Shane [Listen]
On this week’s Open for Business Market Wrap-Up Tom and Shane feel that the Federal Reserve will raise rates based on currency markers rather than the economy. The Fed wants to protect the US dollar.
No real sign of inflation and the economy is booming in spite of the up and down stock market. The current market doesn't reflect any rise in interest rates.
Euro drops in value and China is down 8.3% for the week. While the Dow still up for the year. Germany still trying to form a government and they are expelling Russian Diplomats while Russia does the same to them.
Based on world markets the best place to invest is still the United States. Commodities are holding steady so probably no food inflation.
Will self-driving trucks replace all the truck drivers across the US? Plus, the ramifications of tariffs between the US, Canada and China were also a hot topic with callers.
Open for Business airs every Saturday 11AM to 2 PM Mountain Time from the studios of AM 1450 KMMS in Bozeman, Montana. Call in number during the show 406-522-8255 or text the show at 406-266-7617.