Montgomery Community Media

World Central Kitchen (WCK), the nonprofit founded by chef, humanitarian and Bethesda resident José Andrés, has served 160,000 meals in Louisiana following Hurricane Ida, according to a post from WCK on Monday. WCK feeds people in areas suffering from natural or man-made crises. The organization has been providing meals to those affected by the hurricane […]

Thirteen years ago last month (June 2007), the Fed Funds interest rate peaked at 5.25% and since then has been steadily declining. Apart from one short rate hike cycle in 2018, The Federal Reserve Bank (The Fed), has consistently reduced interest rates and implemented what is known as accommodative monetary policy. This accommodative policy has […]

The U.S. economy has been in growth mode since 2009, and many investors have been anticipating significant interest-rate increases. This may be a logical expectation because, historically, the Fed has raised rates to slow down the risk of inflation during market expansions. Our current economic growth, as measured by GDP, is greater than 2.5%, and […]

The Markets:  Have you seen the 35% rally? Typically a monstrous 35% price movement in just over three months would grab major headlines if it was for stock prices or even interest rates. But this price movement in oil prices hasn’t created a lot of buzz. While there may not be front page headlines on […]

Were the wild stock market gyrations of the first quarter a lot of hullabaloo about nothing? In January and early February we witnessed a dramatic drop in stock prices followed by a rapid recovery with significant market breadth (a wide amount of stocks participating). At one point in mid-February, the S&P 500 was down over […]