In September 2017, the Chicken Little Portfolio lost 1.62% while the Dow Jones Industrial Average gained 2.14%.
Chicken Little is focused on one economic issue. Can the US economy, and stock market, handle a sustained rise in interest rates, albeit from historically low levels? At the end of last year, I predicted that the US Federal Reserve would keep tightening monetary policy until the stock market stopped climbing. I label this idea as The Yellen Collar.
Chicken Little is focused on one economic issue. Can the US economy, and stock market, handle a sustained rise in interest rates, albeit from historically low levels? At the end of last year, I predicted that the US Federal Reserve would keep tightening monetary policy until the stock market stopped climbing. I label this idea as The Yellen Collar.
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| Will the economy be able to handle tighter money? |