One noteworthy item is without anyone really noticing Financial stocks(XLF) have started to outperform their rate sensitive cousin Utilities(XLU). It shows the market has slowly been factoring in a rate hike since August. Lately the rhetoric from the Fed is only fueling the fire.
We are here for the long haul so it only makes sense our investments are too.
Monday, September 12, 2016
Interest Rates Fuel Volatility
One noteworthy item is without anyone really noticing Financial stocks(XLF) have started to outperform their rate sensitive cousin Utilities(XLU). It shows the market has slowly been factoring in a rate hike since August. Lately the rhetoric from the Fed is only fueling the fire.
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