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The Federal Reserve's (Fed's) monetary policy meeting is the highlight of this week, culminating in a policy decision and a press conference from Fed Chair Jerome Powell on Wednesday. An interest rate hike later this week is almost a foregone conclusion, so investors will likely focus more on the Fed's projections for future policy and economic growth. (LPL)

 

The Conference Board's Leading Economic Index (LEI) increased 0.4% in August and 6.4% year over year. The LEI, which is a composite of 10 economic indicators (like manufacturers' new orders, stock prices, and weekly unemployment claims), shows that the economic expansion is still intact and healthy. The LEI also has turned negative year over year before every economic recession dating back to the 1970s. (LPL)

 

Walmart is warning that new U.S. tariffs on Chinese imports may prompt the retailer to raise prices. (Reuters)

McDonald's raised its quarterly dividend to $1.16 per share from $1.01, a rise of 15 percent. The restaurant chain has now increased its dividend for 42 straight years. (CNBC)

 

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.  

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