Investment Matters

The markets

Markets 18 12 15

The most anticipated interest rate rise in history occurred this week with the US Federal Reserve electing to raise interest rates for the first time in nearly a decade.  The rise was so well telegraphed that the US market mostly shrugged off the news, finishing the week only slightly down.

The local market had a volatile week, falling heavily early in the week before rallying strongly off market lows, to close the week more than 1% higher.