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Non-Tech : Kirk's Market Thoughts
COHR 185.83+5.8%Dec 19 9:30 AM EST

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To: CrashDavis who wrote (2977)4/15/2015 12:22:28 PM
From: Kirk ©  Read Replies (1) of 26800
 
Thanks for your kind words.
As to Fed rate hikes, with the US govt as the mega-borrower that it is, I suspect we will see fewer hikes in the next two years than many fear. A friend of mine mentioned that the Fed won't want to raise raise in 2016 - election year. I think one in September, maybe another in Dec, then nothing in 2016. Unless the economy is roaring ahead later this year. Should be great for stocks.

My guess is 1% per year if GDP growth is over 2 or 3%. Maybe 0.25% per quarter. I think that fits the average of their projections for rates I showed in a newsletter awhile back where they get it to 2% in 2 years from when I shared the graph.

Given the leader seems to have democratic leanings and would want that party to win, you might be right as it is the left urging the hardest to delay raising rates.

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