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It's Thursday, December 15th. Welcome to Market Foolery. I'm Chris Hill and

joining me in studio today from Motley full one Mr Ron Gross. Hey hey

Thanks for being here. Oh, it's a pleasure. We got news. We have some news. We have a lot you know what?

There's news. We've done this podcast for a few years and I'm telling you for mid

December right we got a lot of news sometimes we have to struggle sometimes we're

stretching a little bit it's not as plentiful as we. Yeah, that's not the case today and we could there are any number of stories that we're gonna we could start with

Let's start with the Fed though because the Fed yesterday afternoon raised interest rates a quarter

percent I don't think anyone was really surprised by that.

When you think about the ripple effect for investors, first what goes through your mind,

I think a lot of people, maybe rightly so, go first and foremost to the big banks.

Yeah, so right, first time, second time in 10 years.

If you weren't expecting it, you just were really, hadn't watched television or picked up a newspaper or anything like that.

So then, to your your point does it matter as

individual investors doesn't matter I know there are institutional folks and

some of those other fancy TV stations out there that are acting like it matters a whole bunch but

to your average fool let's say doesn't really matter sure there are companies that

will be affected higher interest rates eventually first of all let's remember

there are very low still historically low but the Fed gave us some hints about that they

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