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Wealth Management Wire
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It's Too Late For The Fed To Raise Rates: Here's Why

The Fed missed their window in 2013 when they could have hiked into a rising GDP approaching 4% and a raging bull market in U.S. stocks.

The dangers of keeping rates abnormally low for too long have been well documented by economists, strategists and portfolio managers from the buy side to the sell side including commentary from yours truly. IMHO the Fed missed their window as far back as late 2013 when they could have hiked into a rising GDP approaching 4% and a raging bull market in U.S. stocks.

That's water under the bridge but it begs the question; "Is it too late for the Fed to raise rates today?"

For the last few weeks I've been publishing articles along with several media appearances about the role oil has played in the market (SPY) recovery off the February/March lows. The discussion has also focused on the importance of oil not breaching key support levels that could trigger selling in both equity and high yield debt markets.

Background

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