Many investors believe the popular misconception that higher rates are immediately bad for stocks. Would most investors change their outlook if they were aware of how long it took in a raising rate cycle before stocks and the economy reacted?
The U.S. government's growth policies and improving housing, automotive and commercial construction markets will benefit Industrial Stocks. Rise in manufacturing index in August is an added advantage.
The stock market looked like it was going to resume its decline Wednesday but the selling was met with good buying that may have been nervous short covering. The small caps have had an adequate correction in terns of price and time but what does that mean for the other key market averages?