Matthew Lifson
Matthew Lifson
continue economy expect higher interest looking market moving raise reason
As long as the economy is moving there's no reason to not expect the U.S. to continue to raise interest rates. The market is still looking for a higher dollar.
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There's a lot of uncertainty in the market right now. If the Fed stops raising rates, people seem prone to sell dollars.
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Most people expect the Fed to raise rates, but there are some skeptics out there who may sell dollars. Everybody is waiting for the Fed, needless to say.
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We know they're going to raise interest rates, it's just a question of when.
bad expect
We've come to not expect really bad news, and this was really bad news.
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The fact that the housing numbers were lower than expected, that is a red flag. The U.S. economy may begin to slow.