In the Margins
U.S. diversified stock mutual funds gained 0.78% in November, a move indicating investors' growing comfort with the prospect of a rate hike by the Federal Reserve. "Investors were welcoming a Fed rate hike as a sign that the U.S. economy is strong enough to absorb a 25 basis point increase," said Omar Aguilar, CIO of equities for Charles Schwab Investment Management. Read the original story from Investor's Business Daily.
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