Fed Raises Rates

Hmm I hope they are near the end of this cycle here. The economy is growing like mad still despite these rate raises and even the high oil prices. In fact:

"The economy remains very solid and it appears likely to expand at a pace of 4-1/2 percent to 5 percent in the second half of the year," said Lynn Reaser, chief economist at Banc of America Capital Management in Boston.

Let's hope the consumer keeps spending that cash though. The economy is fit squarely on their shoulders now.