Don M.
SF VIP
- Location
- central Missouri
The stock market has been taking some serious hits this year....the Ukraine mess, and now the Fed planning on increasing the rates. The losses today are among the worst in years, and the CBOE VIX took the biggest jump in months. Some of the "experts" are predicting a recession by the end of the year.
Personally, I think raising the Fed Funds rate is a good thing...may finally give Savers a bit of decent return on their money in the bank.
Anyone who is "invested" should be watching their portfolio closely in coming weeks/months.
Personally, I think raising the Fed Funds rate is a good thing...may finally give Savers a bit of decent return on their money in the bank.
Anyone who is "invested" should be watching their portfolio closely in coming weeks/months.