Everyone seems preoccupied with the Fed raising interest rates. "Rate hikes will slow the economy and kill the equities bull market" they say.
But here's the thing: the level of interest rates doesn't matter. The level of REAL (inflation-adjusted) interest rates is more important. Real rates are still too low to hurt the economy and stocks
https://bullmarkets.co/study-bear-markets-dont-start-when-rates-are-low/
Submitted May 13, 2018 at 07:37AM by markethistory https://ift.tt/2rFYDKL
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