Thursday, August 20, 2015

I still bet the Fed raises no matter what the market looks like.

For them not to raise would be admitting the economy is not doing as well as they have been trying to convince everyone it is. And I doubt they are going to do that.

Additionally I still refuse to believe they will raise in an election year. The Fed is a political machine. Not a monetary machine. It's this year or nothing.

After projecting a Sept hike for months, things will get super crazy if they don't hike. No mater what the circumstances on the ground are. The Fed is ALWAYS behind the curve. Always.

No comments: