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RE: Everyone is Talking about higher rates because of the FED
I agree with you. I dont think they will raise interest rates. Most places depend a lot on goods from China and if the uncertainty of the trade war looming, it puts the economy in a uncertain position. Not exactly where the FED wants us to be raising rates.
I'd say there's likely a 45% chance they will raise rates. It still could happen. But it's certainly not as likely as before. Plus we aren't seeing as many building permits being purchased and the average credit rating for loans is slowly decreasing. Those are typically bearish signs on leading indicators.
Totally agree with you. :)
It's all in the charts...the price and charts usually pave the wave!! thanks for responding!