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What Caused the Stock Market to Rally on a Fed Rate Hike?
Thursday, December 17, 2015 9:19
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What Caused the Stock Market to Rally on a Fed Rate Hike?
By Pam Martens and Russ Martens: December 17, 2015 In a properly functioning, rational, and efficient market, any form of Fed tightening after seven years of filling the punch bowl with an elixir of easy money should have been viewed by the markets as a contraction of monetary policy and sent both stocks and risky bonds plunging. But what we saw in the markets yesterday can only be described as bizarre. The Dow Jones Industrial … Continue reading →
Source: http://silveristhenew.com/2015/12/17/what-caused-the-stock-market-to-rally-on-a-fed-rate-hike/
