Big news is that that Federal Reserve announced the end of Quantitative Easing (QE). Interest rates are supposed to spike up now, right?
They certainly haven’t yet. Of course this is only the first day after the announcement. Short term movements can send markets in any direction, and who knows if rates may actually rise over the next year.
But my point is that there is never a situation where you get “direct” and “predictable” market movements, like many ...More →