I Don't Think the Fed's Going to Listen

The CME has what they call the Fed watch tool and this can give you insights into what the market is expecting at the next meeting. The consensus right now is that we'll have a raise of 50 there's a 65 chance what we're going to have a raised of 50 basis points. After that I believe everybody's expecting a 25 basis point raise uh 51 percent right now to bring us up to about that 5% 4.75 to 5% interest rate on the Fed side of things. Robert: By that logic then the pharma industry should be able to keep the patent on their drugs so if somebody doesn't like it hence Elon Musk maybe he'll design his new phone maybe he