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S&P 500
5,716.88
(
-0.28%
)
US TECH 100
19,439.40
(
0.13%
)
Dow Jones
41,921.40
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-0.68%
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Brent Oil
73.01
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-2.08%
)
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Scotttrader80

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Scotttrader80

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Sunday, 02/04/2018 1:26:45 AM

Sunday, February 04, 2018 1:26:45 AM

Post# of 1420

Earlier this week, the Federal Reserve left rates unchanged but said it anticipated inflation likely would rise in 2018, bolstering expectations borrowing costs will continue to climb. The Fed currently projects three rate hikes for this year.

Stocks have so far proven largely immune to rising rates, with the S&P 500 jumping nearly 20 percent in 2017. Stocks have not fallen by 10 percent or more since the start of 2016, leaving recent declines as buying opportunities.




https://finance.yahoo.com/news/interest-rate-angst-trips-u-004859871.html

a LOT of monthlies will be affected, especially mREITS, OAKS & ORC have already cut 2018's divies.




The stock market is a device for transferring MONEY from the impatient to the patient......Warren Buffett

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