Market down – an investors dream comes true.
With stocks making an expected down turn today they should have backed into your stop loss and you should have raked in some serious profit.
Now is the time for you to place your buy order, but set it well below today's close as the market should continue down for more profit taking.
Do not listen to all the talking heads, particularly Liberal Democrats, and remember, “ what goes up, must come down, and what comes down, must go up, so buy low and sell high and enjoy life.
Re: Why does the the Federal Reserve raise rates?
To stifle economic growth, plain and simple.
More specifically, it's the federal government ( Liberal politicians ) trying to control the economy instead of letting the free enterprise system work. The law of supple and demand should control interest rates, not the government.