Episode 79: Today the market plunged after the Federal Reserve maintained their intent to raise interest rates sometime later this year. The market seems to sense that once the euphoria of low fuel prices wears off there will be nothing to sustain the rally.
A declining stock market during earnings season is never a good sign and is a worse omen at the beginning of the year. The panic is evident with the yield on 10 year Treasures back to historic lows of 1.7%.
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