Ep. 51: Is The Fed Dazed And Confused? Plus: How Not To Deliver Pot In Cali

Offbeat Wall Street

This week, we're asking the question: "Is the Fed dazed and confused?" The Federal Reserve is scheduled to announce its latest interest rate decision this week. On the surface, this seems like a boring meeting. Almost everyone believes the central bank will leave rates alone. But where is the Fed going to go next? Opinions are starting to split. Longer term, it seems likely that the Fed will eventually resume its rate-hiking campaign. But there are growing whispers that the next move might have to be a rate cut. We'll take a deep dive into what the markets are looking for from the Fed and what the current economic outlook tells us. We'll also take a look at some of the earnings reports due out this week, including package delivery giant FedEx And as always, we'll park our Chevelles in front of some of Wall Street's more unheralded parties... We've got some good news about incomes in the U.S. Well, good news if you didn't have to live through the last 17 years. We've got Facebook claiming a wider U.S. reach than the U.S. has people. We've got a retailer experimenting with having no inventory. And we've got a few legal questions that need answering...One involves whether monkeys can hold a copyright. Another involves the constitutional right to wear a bikini to work. And a third tells you how NOT to deliver marijuana in California. Hint: don't use a drone.