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December Fed Hike…Really?

Federal-Reserve-Building-Washington-D_CHello Everyone, it’s been several months since our last post…quite busy here at GMS!  The general talk on Wall Street is that the Fed is going to raise rates this month.  Will they?  Well practically every Wall Street pundit on mainstream media thinks so…yet they thought the Fed would raise rates in September as well, and as we know the Fed did not raise rates.

Nomi-Prins2AllPresidentsBankersCoverAccording to former Wall Street insider Nomi Prins said in a recent interview in September, is that the Fed will NOT raise rates because they “can’t”. Read more