BY: MARSHALL BARTLETT
Senior Vice President / Portfolio Manager
(615) 591-0611 mbartlett@argenttrust.com
Later today, the minutes from the most recent Federal Reserve meeting are set to be released. It will be important to see if the discussion at the meeting considered a faster pace of rate increases than previously announced, given the most recent readings on inflation and average hourly earnings. Interest rates have climbed higher, with the 10 year U.S. Treasury at 2.9%, and the equity markets have noticed. The Federal Reserve continues to walk a fine line between increasing rates at a gradual pace and not risking overheating the economy in the months ahead. In all, equity futures are higher this morning heading into the market open.
This information has been prepared by Argent Trust to highlight issues which may be of interest to the recipient and is not intended as legal, investment or tax advice. You are urged to seek legal, tax and accounting counsel for your particular situation before acting on topics discussed here. At Argent Trust, we assist our clients in managing and enhancing their wealth. Please call us at 615.591.0044 with questions or to schedule a meeting. © 2018 Argent Financial.
