The Dow Jones Industrial Average is now in positive territory for 2016. Below is DJIA activity since the Federal Reserve raised interest rates in December 2016.
So much for the idea that the rate hike was going to crush the economy and stock market, and cause the Fed to reverse the rate hike.
We are in the early stages of a multi-year increase in interest rates. The idea that we are headed in the US for negative rates anytime soon is a view that can only be held by those who do not understand the nature of the Federal Reserve and what they can and can not do within a given economic environment.