Rock Beats Scissors, Cash Beats Stocks?
by Flexo on October 26, 2005
in Investing
An analyst with JP Mogran Chase is making some predictions. Abhijit Chakrabortti believes the Fed will raise rates from the current 3.75% to 4.5% by the beginning of next year. He also foresees stocks having a flat year in 2006. Is it time to move out of the market, or is 2006 going to be an opportunity for long-term investors to buy for the future?
JP Morgan’s been busy. Although the one analyst has a dire prediction for 2006, another (Jamie Baker) sees the airline industry making a comeback.
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About the Author
Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.
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