In light of some recent information, something we’ve all been waiting on for months and months appears to be a virtual certainty to happen next week.
And that means we have to be prepared for the chain of events that could soon be taking place.
So now is the time to discuss what’s going to happen next week, why it’s going to happen, and what you and I should do about it…
In the November job report last Friday, the Bureau of Labor Statistics released some good numbers that were slightly better than expected. The U.S. added 211,200 jobs last month and continued a steady rate of 5% for unemployment.
And that’s the latest positive data that comes after previous jobs reports were revised to reveal stronger numbers than we thought for October and September.
Plus, the “good news” in Friday happened side by side with a surging stock market that jumped from 2,051 to 2,091.
What’s it all pointing to?
Rate hikes, of course.
At Wall Street Informer, we’ve been tracking the Federal Reserve in relation to potential interest rate hikes for quite some time. And the long wait looks like it’s going to come to an end at next week’s meetings ending on Dec. 16th.
But it hasn’t been quite as simple as it may seem right now.
If you’ve been following the story along with us, the possibility of rate hikes have caused plenty of action in the stock market – most notably when they appeared to be a major cause of the August fall.
Finally the economy, markets, and American public seem to be ready for the hikes that have been pushed back for months now.
So now it’s time to get in position (if you haven’t already) for what raising interest rates will do to the market and individual stocks.
But if you want a simple way to profit from this situation, look for the financial sector – banks, insurance companies, and similar stocks stand to benefit…
