Last Wednesday, the Federal Reserve raised interest rates by .25% and gave guidance of another 1% increase in 2016 as the year progresses. The market initially took it well, then thought about it and had a brutal fall on Thursday and Friday as the S&P 500 fell 4% in that two day period. It appears the market is rotating, as we have discussed, into value and income oriented securities.

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Market in a Minute 2015-12-22