For the last few months, I've been keeping a little more money in the bank that I otherwise would've invested in anticipation of the stock market freaking out when the Fed raises rates (presumably, in December).
The market's been in "good news is bad news" mode for quite some time; positive reports often cause stocks to fall because it means a rate increase is more likely. However, with many economists suggesting the rate increase is now just a few weeks away, stocks continue to climb.
How do you think the market will react if rates are indeed raised next month? Is it "priced in" at this point?
Submitted November 20, 2015 at 10:16AM by Toado85 http://ift.tt/1T47fRC
No comments:
Post a Comment