Financial Update by Maurice Soussé

Well…can you now see the writing on the wall? It’s right there in front of you. The FED will raise rates in December per my prediction. How can they not? The Economy added another 211,000 jobs last month with unemployment now down at 5%, with wage growth up a little over 2%. This pushed the DOW up 350 points so far today. Who would have thought…good news in the marketplace and stocks rally.

Barring only World War III, the FED has to raise the rate in December. The green light has been given. Now we all ask, how fast will it raise rates. Will it be one and done or will they gradually raise rates over 2016. That is now the question.

Have you started your 2016 goals? December is the month for that. Will Rogers said “Even if you’re on the right track, you’ll get run over if you just sit there.”