WSJ headline from yesterday said rate increase was on target to happen. Guy on Coast to Coast last night said the market could absorb a 150 base point increase! Yeah, idiot woke me up from my slumber.
I heard that guy on “Coast to Coast” last night.
He said a rate increase would stimulate the market, and the Dow could reach 25,000 - 30,000!
I turned off the radio after saying WTF?