Dec 9, 2015
Markets: Interest Rate Hike, Tightening Cycle
If we actually get an interest rate hike next week that is the only interest rate hike we re going to get from the Federal Reserve. It is not going to be the beginning of the tightening cycle, it is going to be the end of the tightening cycle which actually begun a couple of years ago when they first started talking about the taper. That was the beginning of the tightening cycle and I think the first official rate hike, if we actually get one, is going to be the end of the process.
at 5:36 AM
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