Raise rates on the 28th, say it aint so!!!!
No matter what happens stocks will go up, even if they were to raise rates to 1% by the end of 2010 stocks would trend higher knowing that things are getting better and the economy stronger. Who knows when the bubble bursts again, there is one forming now that will take center stage as usual, after the dot com bubble, housing bubble, credit bubble, private equity bubble there is another one coming, there always is because its the only way they know how to prop up an economy that doesn't know how to grow naturally anymore. Growth in the economy is done now by printing money, injecting liquidity into the system and creating a false sense of economic growth. Amazing how the largest credit crisis in the world disappeared without any problems but a few jobs lost here and there and a couple of bailouts with some tax payers dough.
No matter what happens stocks will go up, even if they were to raise rates to 1% by the end of 2010 stocks would trend higher knowing that things are getting better and the economy stronger. Who knows when the bubble bursts again, there is one forming now that will take center stage as usual, after the dot com bubble, housing bubble, credit bubble, private equity bubble there is another one coming, there always is because its the only way they know how to prop up an economy that doesn't know how to grow naturally anymore. Growth in the economy is done now by printing money, injecting liquidity into the system and creating a false sense of economic growth. Amazing how the largest credit crisis in the world disappeared without any problems but a few jobs lost here and there and a couple of bailouts with some tax payers dough.