Interest Raise Hike

[Kerim]

Does anyone think we're not getting an interest rate hike today? And guesses about implications? Already priced in?

[benjamen]

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.

[navyasw02]

I'm betting on a hike and stock dip.

[ChadR]

I'm betting on no hike. Don't see them doing anything until early 2016.

[Rasec]

Whatever happens (hike or no hike), I expect a dip after the announcement!

Why? Because it's just that irrational!

[Kerim]

Well, we finally got that raise. Market seems unfazed!

[Rasec]

(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! 

[DividendGarden]

(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.