2 Question Tuesday – 10/17/2023 –  Is The Fed Done Raising Rates & What Is Your View On Defense Sector?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. Is the Federal Reserve done raising rates?
  2. What is your view of the Defense Sector?

Phil, Mike, and Larry discuss whether the Federal Reserve is done raising interest rates in light of the fact that we recently had a positive jobs report and two reports showing inflation is still strong, which bolster the case for another rate hike. They then talk about how defense stocks jumped 5% last week in the wake of the Hamas attack on Israel and whether they are going to keep rising.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Host Lawrence Carrel’s books available available at Amazon.com