For the first time in almost 6 years the Fed talked about a Fed Funds rate INCREASE. And, this will take place beginning after QE tapering is finished, perhaps in 6 months.
Anyone that was paying close attention between 5 and 15 years ago remembers how much a rate change affected the market. In most cases the market resumed its previous trend within a few days. This will change the way the market behaves and maybe the old rules of market timing and technical analysis will work again.
Bookmarks