While the conventional wisdom appears to be that stocks will sell-off after the FOMC announcement this week Traxis Partners founder Barton Biggs believes stocks will likely do exactly the opposite. He says equities are likely to rally another 10% following the news:
Source: Bloomberg TV
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.