Pre Fed Interest Rate Decision
Tomorrow is the Federal Reserve interest rate decision, and Chairman Jerome Powell will give a speech. In my November letter to 3rd Eye Invest users, I mentioned how I did not think the Fed would lower interest rates because key data was missing as a result of the government shutdown.
I’m not walking back from my statement. I like to be prepared/have an investment strategy for a cut or hold. There’s a serious case for both, with one fed president voting for a hold and a governor in favor of a cut.
There are many things to pay attention to this month and beyond. Users will receive a continued pause to save up every week or resume recurring buy text and update soon.
Amon’Dre Muhammad
Founder, Portfolio Manager & CEO, 3rd Eye Invest
amondre@3rdeyeinvest.com