Offbeat Wall Street

Ep. 51: Is The Fed Dazed And Confused? Plus: How Not To Deliver Pot In Cali

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Sinopsis

This week, we're asking the question:   "Is the Fed dazed and confused?" The Federal Reserve is scheduled to announce its latest interest rate decision this week.  On the surface, this seems like a boring meeting.  Almost everyone believes the central bank will leave rates alone.  But where is the Fed going to go next?  Opinions are starting to split. Longer term, it seems likely that the Fed will eventually resume its rate-hiking campaign.  But there are growing whispers that the next move might have to be a rate cut. We'll take a deep dive into what the markets are looking for from the Fed and what the current economic outlook tells us. We'll also take a look at some of the earnings reports due out this week, including package delivery giant FedEx And as always, we'll park our Chevelles in front of some of Wall Street's more unheralded parties... We've got some good news about incomes in the U.S.  Well, good news if you didn't have to live through the last 17 years.   We've got Facebook claiming a wi