4 ms·

I'm quite curious to see whether that'll happen before the elections...

• uptown 11y ago
  Next month. Bet on it.
  • epistasis 11y ago
    What are the best ways to bet on it, in terms of where to put money now?
    • Gibbon1 11y ago
      Mattress
    • Tycho 11y ago
      I think the simplest thing would be sell Euros and buy Dollars.
      • um_ya 11y ago
        No, if there is another economic collapse, the fed will do more QE, which devalues the dollar. The best is to buy gold with your Euros.
        • redtexture 11y ago
          But the world at the same time would migrate to dollars with liquid funds, causing for the near-term a drop in prices of other currencies in relation to the dollar.
    • use_fed_funds 11y ago
      The actual best way to bet on the event is to use fed fund futures http://www.cmegroup.com/trading/interest-rates/stir/30-day-federal-fund.html http://www.cmegroup.com/trading/interest-rates/stir/30-day-f... which are a futures contract whose value is determined by the fed funds rate (the rate people refer to when they talk about raising interest rates)
      • nohuck13 11y ago
        Their interesting feature is that you can imply the probability of a rate hike in December/January/March/... from the yield curve. It's 66% for December: http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html http://www.cmegroup.com/trading/interest-rates/countdown-to-...
  • WalterBright 11y ago
    It's likely already factored into the stock prices.