Wednesday, March 16, 2016

Stocks rally on Fed "no-raise" decision, but I don't think the rally will last

Classic "knee-jerk" (more like, just, "jerk") buying, but I don't think the rally will last.

As I stated in an earlier post, spending is slowing some so I think we are in a stall. The overall outlook still remains positive, but I think we actually NEED a rate hike to add some juice to the market rally.

Let's see.

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