Why You Shouldn't Pay Attention To Rumors

It is Fed Day (again) and investors around the globe are eagerly expecting the decision and forward guidance on interest rates. Is today the day when the Fed will cut interest rates or will they wait some more? You can be sure that there have been lots of rumours going round in recent days (I don’t know because I write these lines several weeks in advance). But should you pay attention to such rumours? Read Full Article »