The Traderszone Network

Published in TZ Latest News 28 August, 2015 by The TZ Newswire Staff

Sept. Fed rate hike gives Yellen the chance to kill the “Greenspan put” once and for all

Here’s an interesting weekend read arguing that the stock market correction makes a September Federal Reserve hike “more compelling”, not less.
The argument made is that extraordinarily low interest rates for an extremely long time breeds a complacent belief that the Fed is guaranteeing equities and bonds … a belief the Fed wants to dispel.