Wall Street Expecting A Rate Hike...Yet again....BUT WHY?
Optimism grows for those thinking a rate hike is coming? Seriously? How many times are we going to play this game that they might raise rates?
"I do think it is time to move that rate,... [we're] moving toward being able to take another step," according to Kansas City Fed President, Esther George,
Traders are currently pricing in a 55 percent chance at a rate hike in December. But I don't think they are ever going to significantly raise rates again. Why do they seem to fall for it every single time? Haven't they figured out the scam by now?
source --------------------> http://www.reuters.com/article/us-usa-stocks-idUSKCN1101JP
"But I don't think they are ever going to significantly raise rates again. Why do they seem to fall for it every single time? Haven't they figured out the scam by now."
Everyone is bleeding by 0.25 of a percent increse at a time, that way they won't run out of blood. But these micro rate increases will make some collect a lot of blood. Or as a wise man once said "When there's blood in the streets it's a good time to buy".