Sunset Enterprises Consulting
Who cares about what the Federal Reserve Bank should have done?
By Levander Cope September 22, 2016
If you’re the type of person that enjoys the world of finance, you read financial print media, watch CNBC, Bloomberg television and other financial information sources. You listen to financial experts, scholars from academia, and business analysts with dogmatic assertiveness try to anticipate what the Federal Reserve Bank’s (FED) policy decisions will be.
This is all very entertaining, however, people that earn a living working in finance need to get better at predicting what the FED is going to do in the future so they can make their client’s money.
On September 21, 2016, the FED decided not to raise interest rates. One result was that equity market rates increased. The analysts that capitalized on the FED’s decision in advance, acted upon it, seized the opportunity and made money for their clients.
Mckinsey (a management consulting firm) spends almost 10% of their gross revenue on knowledge management. That’s about $300,000,000. a year so they can tell their clients what they need to do in the future.
That's how the elite expert analysts create value.
Let's see how many elite expert analysts get it right and make their clients money between now and December when the FED returns.