Stage Set for Likely December Fed Interest Rate Hike, ETF Trends

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November saw a run of steadily improving economic data, setting the stage for a likely December interest rate hike by the Federal Reserve. The overall employment picture remained strong, as did the housing market, while industry and the consumer both showed marked signs of improvement.

While the market has fully priced in a quarter-point rate hike in December, it remains to be seen what the impact of the surging US dollar and the sharp rise in interest rates will have on corporate earnings. Read More