In the Margins

Rate hike OK with stock fund investors

December 4, 2015

By Investor's Business Daily

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.

 

 

Most Read

10 Things
10 Things...to read in summer 2025

It's officially summertime, which means FBV's annual Summer Reading List is here. We curate the list each year by soliciting recommendations from our readers and friends ...

Top of the Agenda - Governance
ASA board enlarged, timeline to AGM unclear

ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...