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You've got that backwards - a rate hike has a downward impact on equities, because they are priced in dollars.
by harmegido 11y ago
You've got that backwards - a rate hike has a downward impact on equities, because they are priced in dollars.
- Alupis 11y agoYes, it looks like my observations were a little off. What looks more accurate is Fed teases rate hike, market plunges for un-related reasons, so Fed doesn't go through with the rate hike... and the cycle repeats.