I’m talking to my stock adviser at this time. What are the chances of Yellen/Obama tanking stocks in the next -30 days out of spite?
Well, his team can’t stop insulting Putin. That may be your answer.
Obama is probably angry he got the pass off he got, and wants to return the favor.
The guy is the most spoiled child I’ve ever seen.
I'd say pretty dang good. Yellen, though, doesn't realize that letting bad investments fail strengthens the economy by making those resources available for another company, at a cheaper price.
“What are the chances of Yellen/Obama tanking stocks in the next -30 days out of spite?”
The chances are zero. It’s not in their interest anyway.
I’ve never seen such hysteria over a quarter point raise, which is nothing. Go back and look at FED history.