Rate Hike
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Rate Hike
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.
- Cortopassi
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- Pointedstick
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Re: Rate Hike
Already priced into most assets IMHO.
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- I Shrugged
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Re: Rate Hike
If by chance we have a recession next year, we will never again earn interest.
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- Cortopassi
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Re: Rate Hike
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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Re: Rate Hike
ouch.. my economy!
- Cortopassi
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Re: Rate Hike
And, then again, the rate hike could be the final catalyst, at least temporarily, to slam gold below $1000
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