This is absolute nonsense. There has been talk of a rate hike this Dec for a long time ... well before Trump was elected President.
Sure hope so. I’m in cash and waiting.
But all along, with a high likelihood that a Republican would be elected . . . Trump or not. The only real improvement for now is business and consumer sentiment. They know Trump will be TRYING to do the right thing for the first time in a long, long time. I predict Yellen will do her best to squash a strong recovery. When all is finished, I suspect she will deserve to be blindfolded and marched out to face of firing squad for treason.
But all along, with a high likelihood that a Republican would be elected . . . Trump or not. The only real improvement for now is business and consumer sentiment. They know Trump will be TRYING to do the right thing for the first time in a long, long time. I predict Yellen will do her best to squash a strong recovery. When all is finished, I suspect she will deserve to be blindfolded and marched out to face of firing squad for treason.