Yahoo Finance: “Stocks stumble, yields jump on rates outlook; oil rallies”By admin_45 in IN THE NEWS
Excerpt from Yahoo Finance quoting DataTrek co-founder Nick Colas:
.... "We are now entering a period where the Federal Reserve will engage in a never-before-seen experiment: raising interest rates off zero and reducing the size of its balance sheet in the same year," said Nicholas Colas, co-founder of DataTrek Research.
"The market is still left wondering what results will come from their decisions," Colas said"....
Read the full article here on Yahoo Finance!