Joseph Zidle

We can't think of any instances when the Fed was hiking during an (earnings) recession, in the last six months one can point at a lot of different things. But if you think about fundamentals, falling corporate profits and the threat of rising rates.

Rising interest rates are always a negative for stocks, period, in most (tightening) cycles, corporate profits are booming so much that the rise in profits is more than offsetting the drag of interest rates.