A December Rate Hike Would Be Bad News For “SHUT” Stocks
September 30, 2016 at 10:57 AM EDT
By Adam Grossman, CFA, Doug Sandler, CFA, and Chris Konstantinos, CFA, RiverFront Investment Group Last week the Federal Reserve left interest rates unchanged, as expected. However, the statement accompanying this decision and Fed Chairman Janet Yellen’s subsequent press conference sent strong...