marketwatch bespoke). We also heard that weekly jobless claims dropped to the lowest level since 1973 (when the US population was much smaller bespoke ), a sign that the US job market is already drying out. Europe, China & emerging markets are getting stronger as well.
inflation). For instance oil costs about 100% more than at begin of 2016. If the Fed would stay as supportive as she is now and would keep interest rates close to zero she would pour gasoline on the sparking fire. Postponing the necessary interest hike would mean steeper rises and higher interest rates in the future - which could cause a new recession
I am convinced that a modest hike won´t stop the global stock market rally. The recent gains are a response to climbing company profits which are fueled by a stronger global economy & efficiency gains. I assume that company profits will in the coming quarters even rise faster because the global economy is speeding up and more efficiency gains. Higher company earnings will overcompensate the moderate rise of the interest rates. Enjoy!