Last Friday’s national jobs report triggered an instant recalculation of
the odds of a December interest rate hike by the Federal Reserve: Where
it had been roughly 70-30 against an increase, now it’s about 70-30 in
favor of one.
This week we hosted our annual USAA Investment Forum, which included
some of the brightest thinkers in the industry visiting San Antonio to
discuss the broad theme of global investing in a macro-driven