shared a media post in group #The Most Important Thing
As we’ve been anticipating & discussing, Interest Rate Hikes are here.
The Federal Reserve has raised its interest rates by 0.25%, the first hike since 2018. Since that announcement, forecasts for numerous stocks have changed with the cost of loaning and research and development being heavily impacted by interest rates. The US has recently had periods of interest rate increases from Dec. 2015 to Dec. 2018, June 2004 to June 2006 and June 1999 to May 2000. Anyone have stock picks or historical references for what performed best during those periods?
