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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (4098)	6/1/2016 11:29:04 AM
From: The Ox	Respond to of 26406

I have read a number of times that the stock market tends to sell off after the Fed raises rates the first time. Then it recovers and often sets new highs. It's after the third rate hike that tops tend to be cemented leading to bear markets. It remains to be seen how the markets will react to future raises. It's possible the market won't be as adverse to future raises as they've been in the past, simply because the raises should be seen as "normalization" vs. attempting to slow down an overheated economy. But who knows?