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Traders believe the first rate rise in nine years by the Federal Reserve is all but certain to come Wednesday. So now they are turning their sights to the second hike and how to trade in between those two moves.
A majority of investors believe the second rate increase will come in June 2016, according to the CME Group FedWatch tool.
CNBC Pro used Kensho, a quantitative analytics tool, to look at the performance of the market, oil, gold, Treasurys and S&P industry groups in between the first and second rate hikes during the last three Fed tightening cycles
Here is how the market performs and the best and worst performing groups…
[“source -cncb”]
