Major Wall Street firm worries about surprise Fed rate hike, says biggest market gains are overseas

The best investment opportunities may be thousands of miles away, according to a major Wall Street firm.

That assessment is not coming because he sees the American economy barreling toward trouble as a sluggish earnings season gets underway. Rather, Emons said he's worried an improving economic picture may prompt the Federal Reserve to begin raising interest rates — shocking Wall Street in the process. "There is so much uncertainty around this Brexit, that I think it has now come together that the extension being pushed out further in the future," added Emons."This is an opportunity where the U.K. market has upside, relative to Europe and to U.S. because of the uncertainty of Brexit now disappearing."

They should stop worrying.

fed already came out and said they arent doing anything until after 2020 elections. buy everything

A trade agreement will not make the consumers of the two countries any richer . Tariffs are taxes on consumer goods and services . It will make the crony businessmen of the government bureaucrats that will be granted government protected monopolies a lot richer .

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks remain mostly higher following Fed minutesU.S. stocks remain mostly higher Wednesday as investors pored over the minutes from the Federal Reserve’s March meeting which detailed in depth why the... Fed minutes has NOTHING to do with a FAILING ECONOMY. If the stock market is reacting to this STUPID SHOW of INSANITY then this stock market is DOOMED to hit bottoms NEVER SEEN even faster.
Source: MarketWatch - 🏆 3. / 97 Read more »

Uber IPO; Central banks in focus; Delta earningsCNN's ChristineRomans has the day's top business headlines before the opening bell on Wall Street ChristineRomans Why do people still watch these fools ChristineRomans I get it. Make money only if u have money ChristineRomans
Source: CNN - 🏆 4. / 95 Read more »

Delta's first-quarter earnings, revenue beat Wall Street expectationsInvestors were expecting a strong quarter from Delta, especially after it raised its earnings and revenue guidance last week.
Source: CNBC - 🏆 12. / 72 Read more »

Guggenheim says next recession will be less severe — but the ensuing stock market fall will be brutalEven though the next recession is likely to be shallow, stock-market investors will nurse some hefty losses in the next downturn, says Guggenheim
Source: MarketWatch - 🏆 3. / 97 Read more »