SP500 Stock Index

Indexed to equal 100 on day of rst Fed rate hike in cylce

180

160

140

120

100

80

60
-50 0 50 100 150 200 250 300 350 400 450 500 550 600 650
Weekdays Before and After First Fed Rate Hike in Cyle
1983 1986 1988 1994 1999 2004 2015 pre-2015 Average

Web: economistsview.typepad.com/timduy/ * Twitter: @TimDuy * Data via FRED and author's calculations * Chart created: 10/18/2017 12:20

Timo Th y A. Du y
Pr o f e s s o r o f Pr Ac Tic e oregon
o r e g o n e c o n o mic f o r u m, s e n io r Dir e c To r
De PAr Tme n T o f e c o n o mic s
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Journal of Economics and Business

New York Times, Washington Post Financial

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