even with rates rising this years and next to maybe3.5%,its still the lowest we've seen in years.rates rising 1-2% is not going to spell disaster for stocks.the experts tell us that it will hurt corporate profits.but how much?it doesn't make sense to think 1 percent or two will bring down the world.an increase is a good sign.the experts sell stocks when the rates are dropping,saying"the economy stinks,they gotta lomer rates to stimulate",now the same experts are saying"they're going to raise rates,you should sell stocks"I can't figure out what they really believe,but I know most are full of
History DOES repeat itself for the simple reason that the Fed is the Fed is the Fed.....Crystal balls are worse than useless...they're redundant. When have the axioms of Human Action ever changed?
Even Einstein's "revolution" embodies Newton's "revolution" as a "special case" and, in the end, "overthrew" NOTHING but narrow minded stupidity! In the same way a soundly evolving economic theory overthrows NOTHING, but merely extends the range of the applicability of the Axioms of Human Action. The only victim? Human fear and greed ie. the psychology of human stupidity!
According to Investors Business Daily(IBD) ranking methodology this stock is in utter distribution or "E" (in a ranking order that runs from "A"-absolute accumulation- to "E" absolute distribution). If we are at the bottom of the proverbial "