Peter Crane Sure Quotations

The mercury can fall below zero, heavy snowstorms can assail the summit, and high winds can hammer the peak. In fact, the highest wind ever recorded on earth, a remarkable 231 miles per hour, was measured on Mount Washington on April 12, 1934.

The old saw is the Fed hikes until something breaks. Cash has been the place to be, and it likely will be the place to be over the turn into 2006, but then the question is: Will the Fed be done raising rates at the end of January? Nobody is really sure what's going to happen.

Normally money market rates just sit there. But because we're in a rare period where the Fed is moving constantly, the rates bear watching. Nobody has to move tomorrow, but you want to monitor the rates and make sure your cash investment is going up. If your cash investment hasn't moved in the last few months, you're in the wrong place.