by Chuck Butler
Good Day… And a Wonderful Wednesday to you! I almost didn’t answer the bell this morning, but here I am, late as usual, so, l promise not beat around the bush this morning, but get right to the meat… You have to eat your meat! You can’t have your pudding until you eat your meat! HA! Some words from Pink Floyd to get us going this morning… I have The Charlie Daniels Band greeting me this morning with their song: The South Is Going To Do It Again… Now, that song will get the blood flowing to the brain!
See? I told you a Dudley Do-Right would come to the rescue of the dollar yesterday… And it was an unscheduled speaker that did the trick! Fed member Dudley, was talking on TV and said that “A September Rate Hike is still possible given the improving economic trends” He argued that the markets has underpriced the Fed and that a rate hike in December is very likely…