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Friday, September 29, 2023

The Currency

Come fly away ✈



Already thinking about the holidays? If you’re planning a holiday getaway, you may want to act fast – some experts say plane ticket prices will start rising significantly in mid-October. That’s also when you may be able to score a deal on your holiday gift list, if Amazon and Walmart have their way.

Capital markets perspective: Higher for longer



When Fed Chairman Jerome Powell continually warned that the Fed was more inclined to keep rates high longer than markets seemed to expect, investors didn’t really worry too much. Now, the market’s view that the Fed would probably start cutting rates sometime after New Year’s Day looks quite a bit more tenuous than it once did.

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