KTIV Mad Money December 10, 2015
Other. This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of last fridays employment number was simply too great for the fed to ignore and the way Portfolio Managers always react to these things which is to dumb stocks in advance of something seen as very ...