By Matt Benjamin From Baltimore – Don’t fight the Fed.
As an investor you’ve probably heard that admonition countless times. But considering what the Fed may have in store for us in the very near future, it’s absolutely critical to heed it now.
If you’re unfamiliar with the phrase, it’s fairly straightforward. Basically, when the Federal Reserve is cutting interest rates and making it cheaper for consumers and businesses to borrow, corporate earnings begin to rise and stocks follow them up. As a result, you should put more of your portfolio into stocks.
On the other hand, when the Fed is raising rates and making it …read more
