I'm expecting the S&P to reach 2500, the rate rise won't tank the stock market. might be a correction but nothing major, it's all just a normal part of the economic cycle. I'll be topping up on any dip and I'm reinvesting divs.
One economics professor in the USA says that the US isn't borrowing enough money, and the USA has had a bigger debt/gdp in the past so no big deal, as the economy picks up debt could be reduced I guess.
Not expecting a bear market in stocks any time soon, booms follow busts, it's all good. You know a couple of years back the goldbugs used to needle me because I was in the aviation business and they reckoned it was the worst investment on the planet. Well the XAL ARCA airline index (discretionary spending) is up over 200% in the last 5 years, gold is down 10%.
