As you know, Wall Street was buzzing with anticipation for the December FOMC meeting this week. Wall Street was expecting the Fed to raise key interest rates one more time for 2018, and the Fed didn’t disappoint. FOMC members voted unanimously to raise rates by 25 basis points.
| | Your Monthly Issue Is Now Online | Dec 21, 2018 |
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Dear Sheryl,
I'm pleased to bring you your January 2019 Issue of Growth Investor! To get started this month, we'll take a closer look at the recent FOMC meeting. Clearly, the Federal Reserve knows how to end a year with a bang. As you know, Wall Street was buzzing with anticipation for the December FOMC meeting this week. Wall Street was expecting the Fed to raise key interest rates one more time for 2018, and the Fed didn't disappoint. FOMC members voted unanimously to raise rates by 25 basis points. What was disappointing was the fact that the Fed announced that it would raise key interest rates two more times in 2019. Investors, myself included, were not happy with the news. Stocks were already choppy ahead of the meeting, and the shocking FOMC statement sent the broader indices spiraling lower. In this January Monthly Issue, we're going to talk a lot more about the Fed and what this FOMC statement means for the market. I'll also share my 2019 outlook with you, including the sectors I expect to become the new leaders and how we've already prepared ourselves for that leadership change. Plus, I have a new buy, four sells and my newest Top 5 Stocks list for you. As you read this Monthly Issue, you're going to see that we're well-positioned to ring in the New Year on the right foot. 2019 is going to be a great year for our Growth Investor stocks, and I look toward a very prosperous New Year!
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