We’re closing in on the 10th year of this economic expansion. A few more months and this will officially be the longest economic expansion in modern U.S. history. The U.S. economy has now experienced 99 straight months with positive gains in the job market. We’re fast approaching 20 million jobs added since the start of this…
Macro/Econ
A History of Fed Rate Hikes
Yesterday the Fed hiked short-term interest rates for the ninth time since 2015. The stock market did not seem to care for this fact, as the S&P 500 fell more than 1.5% while the Nasdaq was off over 2.1%. Considering stocks are already in the midst of a double-digit drawdown, this result didn’t exactly provoke feelings…
