Welcome to the Eric Erickson Show podcast, Our Three.

Greetings, conversationalists.

Welcome, it's Eric Erickson here across America.

The phone number 877-973-7-425.

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There is some news out.

It appears federal officials, the Fed, are they're not going to raise rates right now. However, they still say they will raise rates again this year. And they expect to now hold rates higher for longer than they originally thought they would have to.

Originally, they thought they would start bringing rates down by the end of this year

into early next year.

Now the Federal Reserve is saying they expect at least, at least another quarter point

rate hike this year.

They're not doing it right now.

But they also say that they're probably going to keep

rates higher for longer. The result is that, well, the SP 500 NASDAQ going down the Dow up over

100 points though right now. We'll see how that works out as the news is beginning to trickle in.

That breaking news happening right now. All right.

I got to talk about the book bands that aren't book bands. I do want to get to George

Washington, and I'm just, I want to weave all of this stuff together because it's all

kind of

related.

You've probably heard a story out of Houston Chronicle.

Well, let me let me read you the Houston Chronicle story that has started this.

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