Dumb Money Price

Goldman Sachs and eight other Wall Street firms expect the Federal Reserve to raise its rate by 25 basis points on September 16.

With the market putting the probability of a rate hike this week at about 90%, the Federal Reserve has no choice but to meet those expectations, says ex-New York Fed President Bill Dudley (via @opinion)

Goldman Sachs, JPMorgan, and more than 12 other banks expect the Federal Reserve to raise rates by 25 basis points in September.

Gold and Silver Crashed to 5-Week Lows, Wiping Out $650B in Hours