Rod
Well-known member
imported post
What fund will you be in on Wednesday when the Fed raises interest rates? I believe I will be100%S. Why? Well, when the Fed raises interest rates, it's a good indicator that the economy is improving.:dah:
Let's look at earnings in the S Fund on the day of the last 3 rate hikes:
Jun 30: earned 10 cents per share
Aug 10: earned earned 20 cents per share
Sep 21: earned 10 cents per share
There was no loss on the news of the rate hike.
Odds are, tomorrow will be a green day for the S Fund.:^
God Bless
What fund will you be in on Wednesday when the Fed raises interest rates? I believe I will be100%S. Why? Well, when the Fed raises interest rates, it's a good indicator that the economy is improving.:dah:
Let's look at earnings in the S Fund on the day of the last 3 rate hikes:
Jun 30: earned 10 cents per share
Aug 10: earned earned 20 cents per share
Sep 21: earned 10 cents per share
There was no loss on the news of the rate hike.
Odds are, tomorrow will be a green day for the S Fund.:^
God Bless