Focusing on Steepness of Climb Instead of Lift-Off
3rd Quarter 2015 Hotline Market Watch by Joe A. Hollingsworth, Jr. Financial literature has become rife with rampant speculation as to when Federal Reserve “lift-off” will occur. “Lift-off” is now popular colloquial reference to the first increase in the Fed Funds rate. Each morsel of economic data or newsworthy event