Guest on CNBC from Cowen & Co saying that a rate hike will actually rally the market.
This is the exact opposite from popular opinion, which is why think its probably right!
Everybody fearing a Fed move to raise rates will get things spiraling lower, but guy is taking the opposite side and saying that a Fed rate hike will finally put the anticipation to rest and that the US economy is in pretty good shape, so a rate hike is not only overdue, but needed.
What are your thoughts?
Submitted August 31, 2015 at 10:07AM by StockJock-e http://ift.tt/1JwPJ4L
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