Here are the comparisons pre-rate-hikes vs post-rate-hikes...

  1. 2,452 Posts.
    lightbulb Created with Sketch. 77
    Here are the comparisons pre-rate-hikes vs post-rate-hikes

    Dollar Index Dec 2015, 98
    Dollar Index today, 93.79
    USDJPY Dec 2015, 121
    USDJPY today, 110
    EURUSD Dec 2015, 108
    EURUSD today, 1.17
    10-year Tsy future, Dec 2015, 127
    10-year Tsy future today, 119
    Gold Dec 2015, $1045
    Gold today, $1300
    Oil, Dec 2015, $30
    Oil today, $66
    CPI Dec 2015, 1.1% y-o-y
    CPI today, 2.7% y-o-y
    GDP Dec 2015, 1.3%
    GDP today, 4.8% (Q2 est)

    So you see, everything that the pundits and mainstream predicted was wrong.

    They said rate hikes would lead to a higher dollar, lower inflation, lower gold, weaker GDP and maybe even a recession.

    Instead...it was weaker dollar, higher inflation, higher gold, higher GDP.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.