Effective November 2, 2020 we will be changing our name to Herold & Lantern Investments, Inc. This name change is a result of a merger with Bernard Herold & Co., Inc, a well-respected broker-dealer since 1972. There will be no change to your account or your financial professional. Our updated web site will be available soon. Please contact your investment professional to learn more!
The Good Place Is On Shaky Ground
Federal Reserve chair Jay Powell continues to insist that the economy is in a “good place”, which, like the Goldilocks scenario, is neither too hot nor too cold – but just right. At least just right enough to keep the policy levers where they are for a while. After cutting interest rates for the third time this year in October, Powell is sending a strong signal that the rate-cutting cycle will be put on pause for the indefinite future. More specifically, the Fed chief believes that it would take a significant reassessment of the outlook for policymakers to pull the rate trigger again. Read Lantern Investments Economic & Financial Digest