While most investors will see the FED’s action as net positive, here is what happened when the FED didn’t raise rates in August. That’s right, a 2,200 point decline we are still trying to recover from. No further commentary is necessary here.
The only remaining question is…..will the history repeat itself here, are we about to embark on even a more sinister decline or will the market push to new highs? I guess we are about to find out.
