This content is an editorial and reflects the opinion of the newspaper. To learn how this is different than an article, click here.

Wall Street opens lower ahead of key Fed decision on rates (copy)

This photo shows the New York Stock Exchange on June 29. A big question is whether stocks will continue to decline or investors have already priced in a steep hike in interest rates.

Anyone with a long enough memory should view Wednesday’s interest rate increase the way a sailor sees a rapidly falling barometer.

Batten the hatches. The smooth sailing is over.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.