Townstone Financial

Today is the start of the Federal Reserve Meeting! Were YOU invited? Traders are watching for updates out of the Federal Open Market Committee’s two-day policy meeting that got underway Tuesday. The fed funds futures market has priced in a 97% probability that the central bank will leave rates unchanged, according to the CME FedWatch tool, so investors are instead left anticipating a shift in the policy statement that will close out the meeting. With the economic outlook and consumer confidence improving, rate-cuts seem unlikely in the months to come. But guess what? Apple is selling a $3,500 virtual reality headset that early reviewers are calling the “future of computing and entertainment”! That’s one product that Barry and Zach will not be standing in line for on release day. As always, FREE 1 on 1 consultations available at: https://townstone.com/consultation-request/