The Fed is raising rates--I thought stocks were supposed to fall!
Seriously, I can't remember how many times I heard, as the rates were lowered, that we'd get a rally. We heard this all the way to the bottom (both of them). Eventually, we got our rally.
I have heard much lately about how raising rates will choke off a rally. Well, you're hearing it now.
Eventually, we'll get another bottom.
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