It would appear as though the US stock market has already factored a 25 basis point increase into the mix. A portion of Friday's surge in the composite indexes was directly related to an anticpated increase during the Fed's September 2008 meeting. This news also led to a decrease in crude oil prices as speculators view the rate increase resulting in a higher US Dollar. For those of you in the market for equipment or real estate...This summer would be be the ideal time to lock in your purchase. Don't forget, the bonus depreciation allowed as part the Economic Stimulus Package expires at year end!