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Message
re: Federal intrest rate and stock market
Posted on 6/11/15 at 2:24 pm to SECdragonmaster
Posted on 6/11/15 at 2:24 pm to SECdragonmaster
quote:
I can't find a single credible source that believes anything other than "everything is all rosy" in the stock market.
Peter Schiff
To the OP: Why leave the market entirely? Why not buy into financials?
If rates rise, the economy is growing, people are spending money/using more credit and banks are earning larger spreads.
1
Posted on 6/11/15 at 3:28 pm to gatorsimz
quote:
To the OP: Why leave the market entirely? Why not buy into financials?
agree
I'm looking at BAC, WFC or JPM.
But who knows, i remember when citi crashed big time during the last crises.
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