Many investors and traders lost sleep in October 2018, the worst month for the U.S. stock market since September 2011. This continued and elevated growth rate is above most Federal Reserve projections -- and several companies will benefit from better-than-expected top-line growth over the next six to 12 months. This data is encouraging and may actually influence the Federal Reserve to slow the pace of future interest rate increases. Third, bulls are not worried about higher interest rates hurting stock prices. Interest rates are low, and the economy can easily grow under higher rates.
Source: Forbes December 14, 2018 13:52 UTC