The Fed's decision to increase rates by half a percentage point will have a moderate, momentary (negative) effect on stocks.
More Quotes from Gerardo Copca:
I think this is a normal period where people fear taking hefty positions without knowing how the market will react after the elections.Gerardo Copca
However, I don't see a dramatic drop ahead. The market had already priced in the rate increase.
Gerardo Copca
Each day the uncertainty surges and investor non-confidence increases amid the rise in cases of creative accounting in the United States.
Gerardo Copca
I think the optimism is based on reality.
Gerardo Copca
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