10.06.18 Market Wrap Up With Tom & Shane [Listen]
The markets took a hit this week as the Feds raised interest rates but the bond market took off big time.
European stocks are dropping due in part to Trump’s trade policies. And China is more in trouble each week as we follow them.
Oil and Natural Gas both up this week. Poultry and hogs up slightly.
The 10-year treasury moved up to 3.22 percent which should attract some foreign investors to purchase those guaranteed bonds.
Inflation is still under control in spite of the market’s roller coaster ride.
Shane believes the stock market will cross the 30,000 mark by years end. And Venezuela’s inflation rate holds steady at 200,000 percent.
Each week we do a market wrap up to keep you up to speed on your retirement fund, your 401(k), your IRA and any other investment vehicles you might have.Check out this informative interview below.
Open for Business airs each Saturday 11am to 2pm 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.