Saturday, August 29, 2015
Is The Third Stock Market’s Death Cross Imminent..?
Via Before It's News: Stocks continue to remain under pressure. If the Fed decides not to raise rates, that will be a signal to the market that the economy IS NOT really “recovering”, and CANNOT handle a rate hike. Not raising rates has the potential to push stocks lower. On the other hand if the Fed decides to raise rates, the very mechanism which has been propping up this market will be seen as “going away”, and this will push stocks lower as well.