WARNING: MARKET VOLATILITY AHEAD - and SOON!
By: L. Carlos Lara, LMR July 2017
As this issue of the LMR goes to print, the Federal Reserve is expected to reiterate to the Congressional committee its plan to begin unwinding its multi-trillion bond buying programs as early as this September. Without a doubt this is a big deal. It is so big that it is inconceivable to think that this process will have no effect on financial markets. Our general consensus is that we have arrived at the point for exercising thoughtful concern and caution due to what’s coming our way.
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