09-17-2015, 10:50 AM
Anyone want to make predictions about today's announcement?
I know it should not matter for us long-termers, but for me it is fun to watch and speculate.
Consensus seems to be leaning toward no raise today, because of general caution about the overall economy and no real signs of inflation. Seems reasonable. Folks also seem to think that a raise will cause a market decline, but my guess is that stocks will actually rally around a raise.
I know it should not matter for us long-termers, but for me it is fun to watch and speculate.
Consensus seems to be leaning toward no raise today, because of general caution about the overall economy and no real signs of inflation. Seems reasonable. Folks also seem to think that a raise will cause a market decline, but my guess is that stocks will actually rally around a raise.