That puts both indexes on pace for their fourth consecutive year of double-digit gains for the first time since the late 1990s. However, investors recently got bad news about the economy. Inflation accelerated in September, as President Trump's decision to take military action against Iran continued to pressure energy prices. The Federal Reserve has already raised interest rates once, and further rate hikes are now more likely. Higher interest rates threaten the stock market in two ways.
POLARIS INSIGHTS