The market is very complex and you can only use history as a guide for general expectations about the future, not a prediction about the future. So here is a great look at past market reactions from previous "lift offs." From The Almanac Trader:
We currently appear to be tracking the historical pattern of positive market action leading up to the first rate increase, which would indicate a mild selloff after. However, as we have been thinking recently, this being the most debated and anticipated Fed move of all time, the removal of uncertainty may send stocks higher into yearend this time around.
Read
We currently appear to be tracking the historical pattern of positive market action leading up to the first rate increase, which would indicate a mild selloff after. However, as we have been thinking recently, this being the most debated and anticipated Fed move of all time, the removal of uncertainty may send stocks higher into yearend this time around.
Read
No comments:
Post a Comment