I know that if we break 2000 retail will be shitting bricks. Not sure if BTFD will be happening - of course then the Fed will find some kind of reason to "delay" rate increases. Probably keep Greece simmering for a while to bring out for parties when it's advantageous to do so.
I'm not sure which is more BS: now or 99...
Of course the fed will find any excuse to delay rate hikes....not only that but say they raise rates a whopping .25% in December and lets just say rates get to 1% by early 2017 ...any sign of a slowdown or recession will automatically erase a year and half of interest rate hikes in a matter of hours....that's why I still stand by my opinion that fed funds rate will still be at 0% in 2020...if they cant raise rates now they will never be able to raise them. I don't know what economic numbers they look at but they are going to be so behind the curve its going to send the markets into a frenzy. Anyone who thinks the fed doesn't control the stock market is very very very wrong. This is the new fed....everything they do is for wallstreet and their greedy ways...