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No Rate Hikes for March - Everything's up!

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  • #1

    No Rate Hikes for March - Everything's up!

    http://www.wsj.com/articles/global-s...ent-1458117485

    Looks like we're going to have a good next few months, at least until the next meeting. Everything has gotten a nice boost today, but i was wondering what everyone's opinion was on oil in particular. It's been rising decently over the last month, and now that the Fed has decided to keep rates where they are, does anyone else think oil will be a great buy for the next 2 - 3 months or so? I'm strongly considering it now


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  • #2
    Re: No Rate Hikes for March - Everything's up!

    Originally posted by verdo View Post
    http://www.wsj.com/articles/global-s...ent-1458117485

    Looks like we're going to have a good next few months, at least until the next meeting. Everything has gotten a nice boost today, but i was wondering what everyone's opinion was on oil in particular. It's been rising decently over the last month, and now that the Fed has decided to keep rates where they are, does anyone else think oil will be a great buy for the next 2 - 3 months or so? I'm strongly considering it now
    Next meeting is 6 weeks away 4/26-27.

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    • #3
      Re: No Rate Hikes for March - Everything's up!

      Originally posted by santafe2 View Post
      Next meeting is 6 weeks away 4/26-27.
      sorry i meant the next time they will likely decide on whether to raise interest rates (in june?). I don't think that April meeting will bring anything significant


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      • #4
        Re: No Rate Hikes for March - Everything's up!

        Originally posted by verdo View Post
        sorry i meant the next time they will likely decide on whether to raise interest rates (in june?). I don't think that April meeting will bring anything significant
        According to Yellen the Fed will now have a maximum of two 1/4 point interest rate hikes this year instead of four. So somewhere between none and two. Moody's thinks the first one will be in June. Ho hum, yup, that Moody's, the one that takes money from the folks aggregating crappy debt so they'll rate it AAA. I've posted Moody's rating system here in case anyone wonders how they got it so wrong. Apparently they should have paid the quants a lot more.

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