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So, the markets go up every time the Fed announces they will NOT raise the rates, it went up every time they lowered the rates, and it goes up when they raise the rates.
Is it because they do the right thing at the right times, or maybe something else?
We have liftoff! Global markets surged Thursday after the U.S. Federal Reserve added one to the history books, announcing it would raise interest rates for the first time in nearly a decade.
All of the key European markets jumped at the open, with some increasing by as much as 2.5% in early trading.
Investors cheered the widely-expected move, which was seen as a vote of confidence in how much the economy has healed since the 2009 financial crisis. Stocks in the U.S. rallied, with the S&P 500 and Nasdaq both rising 1.5%, while the Dow gained 224 points.
Oh goody. Another round of foreclosures to make money off of!
Only if people did not learn their lessons last time when ARMs blew up in their faces. I'll be happy to pick up their properties for pennies if they did not learn.
The Fed rate raise was already priced into the market.
The Fed put it off until the very end so everyone knew it was coming months ago.
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