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« Value investor Whitney George joins Sprott: “Lots of unloved, inexpensive stocks out there” as investors turn to indexe | Main | Dalio warns Fed of 1937-style rate risk rise »
Wednesday
Mar182015

First take: Don't bet on June rate hike

The Federal Reserve is clearing the road for a rate hike this year, but the highway probably won't be open until the fall.

Analysts honed in on the word "patient," arguing that its removal from the Fed's statement, released Wednesday, would herald a rate hike, possibly as soon as June. But the Fed has tempered expectations for a rate hike at the same time.

"The statement was altered enough to suggest that June seems unlikely for a rate increase," says Kim Rupert, managing director of global fixed income analysis at Action Economics.


Read more...

 

Was todays bounce it - the start of another rally?

Have you plenty of cash to take advantage of the coming bargain prices as we are of the opinion that the bottom has not been formed yet, but we are getting close.

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