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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: stockycd who wrote (23560)8/21/1999 8:07:00 PM
From: Eric Maggard  Read Replies (2) of 99985
 
Rate Hike:

One thing I find interesting is that last fall the media and the market expected the FED to lower interest rates another time after the second one. They stated that the FED rarely lowers rates only twice, so they expected a third. Now, they are just expecting a second increase, but not a third. Does the FED have a history of raising only twice? The markets might have another rate increase factored in, which I doubt, but they definately don't have another two.

BWDIK,

Eric
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