Global View - Wall Street Facing Stiffer Head Winds: 4 Arguments July 2015

by Michael J. Howell21. July 2015 15:11

Wall Street Facing Stiffer Head Winds: 4 Arguments

Numerologists worry about 2015, because severe market corrections usually have a regular 8/9 year pattern: previous peaks occurred in 1972, 1981, 1989, 1998 and 2007. With this year slated as the likely start of Fed tightening, there are understandably wider concerns. Fed Chairperson Janet Yellen delivered another warning to politicians and markets this week that US rates are set to rise. Market participants remain torn between a start-date of September 2015 and early 2016for the first rate hike, but both her words and recent movements in the Fed’s balance sheet seem to indicate a sooner, not later move.



Comments are closed
Copyright © - All rights reserved