There's a 71% chance for the first rate hike to come at the March meeting according to the CME FedWatch Tool, says Dan Deming of KKM Financial. The U.S. Dollar is holding onto modest strength at the 96 handle, he adds. Dan doesn't think the Dollar goes too much higher than here. He thinks gold will eventually be a safe haven. He points out rotation into some value and higher dividend name stocks, such as Procter & Gamble (PG).
06 Jan 2022
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