US Market : Equity mkts to see no big fall even if Fed hikes rate:12.09.2016

US Market : Equity mkts to see no big fall even if Fed hikes rate:12.09.2016

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Even if the Fed raises rates,

 We does not see a big fall in the equities market, instead expects a short-term volatility in the market.
 | The US Federal Reserve raising rates by a quarter point is more of an accommodative stance than aggressive, said James Glassman of JP Morgan. Though December will be the right time for a rate hike, US Fed could make a move in the September meeting,

.  Even if the Fed raises rates, he does not see a big fall in the equities market; he instead expects a short-term volatility in the global market.