06-19-2015, 03:09 PM
(06-19-2015, 12:59 PM)Kerim Wrote: I'm starting to think that everyone is so focused on the imminent rate increase, and so convinced that it will generally be bad for stocks, that the opposite must be true. My silly prediction of the day: the market is not only going to shrug off the rate increases if and when they actually arise, but will surprise most by continuing to rally.
It's certainly possible. Also the FED, being generally a pretty smart bunch of people, are not going to raise the interest rates substantially. The first increase will certainly be a very minimal one, so small that it won't have any effect other than the psychological one.