Bonds

[sumdumguy]

Yeh, like that will work, dreamers.

[errolanderson]

Tomorrow, the U.S. Federal Reserve will pretend to put-on-its-sunglasses hiking rates despite a worsening global economic storm.

Fallout from China, Brazil and Europe is intensifying. But a rate hike tomorrow is a direct Federal Reserve handout for Wall Street banks. Bank profits will climb as a result.

But (IMO) what comes around, goes around. This rate hike and talk of normalization without the support of global markets will also become a drag on the U.S. economy. The sunglasses may have to be replaced with storm goggles in the year ahead.

[perfecho]

So, CP, Errol, is this more about keeping the world currency....the turmoil with Saudi and oil??
Why raise???
Or, because in Alberta its all doom and gloom due to oil, the rest of the world is doing OK???? (In todays terms)