Does anyone think we're not getting an i
nterest rate hike today? And guesses about implications? Already priced in?
Whether it is today or early 2016, I am hoping it causes a pullback in stock prices. I don't think it is already priced in, as we have a stock market that is generally over priced.
I'm betting on a hike and stock dip.
I'm betting on no hike. Don't see them doing anything until early 2016.
Whatever happens (hike or no hike), I expect a dip after the announcement!
Why? Because it's just that irrational!
Well, we finally got that raise. Market seems unfazed!
(12-16-2015, 12:11 PM)Rasec Wrote: [ -> ]Whatever happens (hike or no hike), I expect a dip after the announcement!
Why? Because it's just that irrational!
(12-16-2015, 02:54 PM)Kerim Wrote: [ -> ]Well, we finally got that raise. Market seems unfazed!
Just to prove me wrong... once again!
(12-16-2015, 02:54 PM)Kerim Wrote: [ -> ]Well, we finally got that raise. Market seems unfazed!
That's an understatement. Markets up big, led by financials. Wells Fargo (WFC) raised their NIM but held deposit rates flat, widening their spread.