A Rate Hike Won’t Matter Much to You

Kira Brecht of U.S. News & World Report includes Joe Heider, president of Cirrus Wealth Management, in an article about the impact of a Fed rate hike at the March meeting. “I think it will have very little impact on investors. I believe both the equity and fixed income markets have factored in a rate hike in March. As long as its 25 basis points, it will have minimal impact on the market,” Heider concludes.