Rate Hike

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Tom
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Rate Hike

Post by Tom »

Fed released decision to raise rates .25.  Stocks, bonds and gold are all up.  We'll see what pans out longer term.  So far, seems the market already built in the loses prior to the decision.
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Cortopassi
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Re: Rate Hike

Post by Cortopassi »

Yes, quite a non-event
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Pointedstick
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Re: Rate Hike

Post by Pointedstick »

Already priced into most assets IMHO.
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
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I Shrugged
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Re: Rate Hike

Post by I Shrugged »

If by chance we have a recession next year, we will never again earn interest.
Stay free, my friends.
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Cortopassi
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Re: Rate Hike

Post by Cortopassi »

I heard multiple times on the radio today how the interest rate hike is going to help savers because they'll make more money!  Hah.
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dragoncar
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Re: Rate Hike

Post by dragoncar »

ouch.. my economy!
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Re: Rate Hike

Post by Cortopassi »

And, then again, the rate hike could be the final catalyst, at least temporarily, to slam gold below $1000
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