Why You Shouldn’t Be Scared of a Fed Hike Today
If you’ve been ingesting any sort of financial news for the past two weeks, you’ve no doubt heard the Federal Reserve is making an announcement today. That announcement will be their decision regarding whether they’re going to hike interest rates or leave them unchanged.
Nearly every pundit interviewed on CNBC or Bloomberg has had some sort of answer to the questions of whether or not they thought the Fed would indeed hike and what that impact for the market could be. When I woke up today though, to share my thoughts on the event and its’ outcome here, I was pleasantly surprised to see one of the better-known ‘gurus’ actually shared my thoughts…AND did some math for me.
Consequences Of A Fed Hike Today
Mark Hulbert, a senior columnist at MarketWatch, (who I tend to usually disagree with) wrote an op-ed piece called “Here’s how to make easy money off the Fed interest-rate decision“.