Name: Rate rise foretold
Uploaded: 2016-12-15T03:46:46.000Z
Duration: 1 min 15 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

December 13 is in-the-books here on Wall Street.

It's been an extremely positive day for stock markets across the world,

the Dow Industrial is nearly at the 20,000 level,

and it's also been a good day for bond markets with bond yields falling,

which is all very intriguing, because as you can see from the two-year treasury yield, which is at its highest since 2010,

markets have completely braced for a rate hike from the Fed when the FMC beats tomorrow.

The big question, as you can see from the Fed funds futures market

is what signals we get as to what will happen after that.

At the moment, we have a roughly one in three chance that there's only one rate hike next year,

but also a one in three chance that we get as many as three rate hikes next year.

Listen to what Janet Yellen says about that.

Ultimately, even if people don't quite realize it,

We take a look at the MSCI World Index, that covers all the main developed markets.

For companies that get most of their sales from China,

you can see they've done it terribly for a long time,

Maybe we should be paying more attention to China than to Washington DC.

Subtitles ListPlay Video

Rate rise foretold

ultimately

extremely

positive

realize