Trenches & Trees
Market Leftovers Report
Market Leftovers: June 18
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Market Leftovers: June 18

Fed holds rates steady (again), US makes more Middle East moves, and say goodbye to Medicare and Social Security

Episode 38 and the Middle East just got even hotter! (As if it needed the temp boost). TIME FOR MARKET STUFF…since the market is closed tomorrow for Juneteenth which makes me a saaaaaaad panda.

Fed Holds Rates, World Holds its Breath

June 18 QFR:

  • The Federal Reserve held the federal funds rate steady at 5.25–5.50% for the fourth consecutive meeting

  • US State Depart. started evacuating nonessential diplomats and dependents from the embassy in Israel & Trump sends the 6th Fleet to the Persian Gulf.

  • The "go-broke" dates for Medicare and Social Security trust funds have been moved up.

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