GDP Will be Revised Upward to 5.7-5.9%: Chief Strategist The Federal Reserve's move to hike the discount rate worried investors, who fear the end of a low-rate era. However, David Darst, chief investment strategist at Morgan Stanley Smith Barney, said this is a “glass-is-half-full situation.” » Read More
4 Stock Picks to Play the Fed's 'Great Move' The Federal Reserve raised the discount rate late Thursday by a quarter percentage point to 0.75 percent. How will the Fed’s action affect stocks? Jim O’Shaughnessy, founder of O’Shaughnessy Asset Management, and Alan Valdes, vice president at Kabrik Trading, shared their insights and stock picks. » Read More
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