GREY:CRIUF - Post by User
Comment by
deisman03on Jul 31, 2015 11:48am
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Post# 23980042
RE:RE:RE:RE:RE:RE:RE:Interest rate
RE:RE:RE:RE:RE:RE:RE:Interest rate
The market in general will drop if the US interest rate is hiked in any substantial way. IMHO, if they do hike the rates it will be in a very small increment just to let the world know they feel their economy is back on track. The problem is that it is political as well as financial in nature. As most of us realize the stability of the world markets is tenuous at best. Europe looks to be turning around but oh so slowly. Several other nations are experiencing a slight decline in their economies including Canada, hence our low dollar. Emotional momentum can be very damaging to any economy. This particular trust should be relatively immune to that momentum but with so many very small players giving this stock 5%+ swings on a regular basis with very small numbers of units being traded emotional momentum or even just covering their hedges/shorts could prove a bit unsettling. Maybe I worry to much about things like this but in 2008 there were a lot of relatively immune stocks/trusts that took a beating just because people were cleaning out their portfolios. IMHO, our markets are at a very strange point. They could tank overnight or creep up more. If it is going to happen one way or the other the dog days of summer are when it starts.