Last night, the Federal Reserve released its interest rate decision. In a move that took courage, it raised rates by 25 basis points, lifting the target rate to 3.75%~4%. This is the first rate hike in three years. The market had already been voting in advance—after the news, it fell last night. But this morning, surprisingly, it didn’t drop much. This time, WASH was basically lifted up. Everyone was waiting to see the rate hike, and it really happened. Then, once the easing cycle begins afterward, it will trigger a retaliatory surge—so let the rate hikes be priced in, and let good assets carry the same name.
That’s why everyone has a better chance to get on board with the bigger upside. #美联储加息已成定局