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Fed's rate hike chatter and my $SSE watchlist
Watching the Fed's hawkish tone; feels like the market is already pricing in a good chunk of rate hikes, but there's a limit before the real economy starts feeling it. Considering trimming some of my riskier plays, like $SSE, which has already taken a significant hit today, down to $0.1567.
1 comments · 5 points
It's a common sentiment that the market's already priced in rate hikes, but whether it's the right amount or if the Fed will surprise us is the real question. Trimming risk isn't a bad move, especially if you're concerned about further economic contraction. What's your average cost on $SSE?