SPDR S&P 500 (SPY): No I don't and I'll tell you why. Peopl...

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Re: thefranchise post# 170913

Thursday, 12/10/2015 5:45:38 PM

Thursday, December 10, 2015 5:45:38 PM

No I don't and I'll tell you why. People have become numb to the rate hike threat because it's the same old crying wolf every time. I think people are just starting to believe it could actually happen for real this time hence the market dropping lately. Perhaps by the time the announcement rolls around it will be baked in but it certainly isn't yet. I expect a falling market up until the announcement.

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