Here's what to do now that we got that rate hike

This is how you have to trade the market in the aftermath of yesterday's Fed rate hike.

[kenyonscales]

@Mike Norman - What products are you using to gain exposure to your positions? Clearly not the standard leveraged Futures or FX products...
If you're only trading ETF's then it makes sense how you can be wrong for so long and not be castrated.

[Cyrus]

When will mortgage rates rise? End of the year?

[jiayaofan]

Hi mike, i have always been wondering about interest rates. It's true that US is a net payer of interest and national income will go up with rate hikes (price increases) . But, how about people who have no saving and have tons of debts (lots of US people), their income for consumption has actually decreased, so is this deflationary as consumption might go down? So do we have two opposite forces here?

[mininigenovesi]

can you pls suggest a few good books, easy ones, to explain mmt

[ironsmasher]

Mike the bond market has fully priced in multiple rate increases for the next two three years. bonds will rally because the economic data is soft and the natural rate of interest is zero. all the policymakers at the fed and even in Europe are all interest rate doves. interest rates are going the way of Japan zirp will continue for years to come

[mikestaoofjeetkunedo]

+1 for Mike Norman´s correct calls and superior mental game and -1 for Paul Zeus the stop loser mousey boy who has no mental game whatsoever!