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JJ8

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Alias Born 02/13/2012

JJ8

Re: JJ8 post# 18482

Wednesday, 08/26/2015 9:27:41 AM

Wednesday, August 26, 2015 9:27:41 AM

Post# of 22503
Actually, the Fed and the policy makers should be happy that 'the crash' in the stock markets worldwide happened before any raise in the Fed interest rates.

This gives a better timing and one could say that the worst already happened. So what worse can happen as a reaction to Fed interest minor up-move.

The general public mood- around the world - is of an important factor in our increasingly connected times.

A reaction for a rate hike would be less surprising and probably even welcome, imo. Looks like the U.S. Fed has been 'lucky' this time and the time has come to take that step. Sooner than later may be sometime around the end or just the beginning of 2016.

I believe it to be important to time these rate changes and not keep repeating too many times that they are watching closely the economic data.

Interesting days and weeks ahead... for all the markets and in particular for the important Banking and Finance group and BAC. Looks like buying shares in BAC could be timely, imo. GLTA
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