Fed Rates: D-Day Thu, 17Sep15
Forecast is difficult with whichever model one uses. Today is the day that most people know was coming in anticipation of what the US Fed would do on interest rates which has been sitting on 0 for over an unusual 6 long years. Second question will be which direction would the stock market go today and in the short term (<6 months="" p=""> My bet is (and mind you is not a forecast): Interest Rates or borrowing rates would go up by 0.25%. Dow Jones will go south by 200-300 points. Nasdaq may fare better but would head south as well. Near term Dow Jones will fluctuate in the 16300-17000.