Many investors must be dazed and confused by the global markets reaction to the Fed. I’m guessing most people would expect if the Fed signaled they are closer to a rate hike the stock and bond markets would fall. Rising interest rates typically drive down stocks along with bonds. Just the opposite has happened, so far.
Markets seems to have moved opposite of expectations, those people have to get on board (increasing demand).
A few things I wrote before and after the Fed decision:
A One-Chart Preview of Today’s Fed Decision: This is what economists are expecting
Fed Decision and Market Reaction: Stocks and Bonds