2026-09-16 · Rate hikes, oil distribution, industrial rotation
The Fed hiked and signaled more to come, sending rates and the dollar higher while stocks slid; the scan shows energy quietly distributing into strength even as analysts raise targets, while beaten-down industrials quietly attract money despite a fundamental scandal overhang.
The Signal
The Federal Reserve raised rates a quarter point, its first hike since summer 2023, and its own forecast shows most officials expect at least one more increase this year with no cut seen until 2028. The 10-year Treasury yield is closing in on 5 percent, a nearly two-decade high, and oil remains firm on an…
The skinny
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