Weiss issues a warning

[Phoenix7]

Weiss Research issued the following warning , “Bloody Wednesday”
April 29, 2015:
America’s Day of Reckoning" Supposedly on 4/29/15 Weiss "Guesses" that the Fed will begin to raise interest rates , and shorty thereafter the stock market will go to hell in a hand basket!
Of course Weiss is trying to sell you a stock service , and has been posting gloom and doom for years. Does anyone feel that April 29th is something to be concerned about?

[Louetta]

Yellen specifically said on Wednesday that they will not raise in April.

Richard Fisher, who retired this week after ten years as Dallas Fed president, just said on CNBC that he fears a significant stock market correction when rates start going up. He said people are getting lazy. They have grown to depend on a low rate atmosphere and will panic when it disappears.

[Phoenix7]

Yellen specifically said on Wednesday that they will not raise in April.

Richard Fisher, who retired this week after ten years as Dallas Fed president, just said on CNBC that he fears a significant stock market correction when rates start going up. He said people are getting lazy. They have grown to depend on a low rate atmosphere and will panic when it disappears.

Louetta I guess it all comes down to whether Yellin will be true to her words!