Rates won't get a hike this week -- but they won't go down, either

  • The Fed will not hike rates this week.
  • Global risk is more outsized today than any time since 1930.

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

The rise in long-term rates last week has been stopped by additional lousy economic news from August: retail sales and industrial production shrank versus forecast gains.