Analyst: Fed Should Hold Rates Steady as December Historically Strong for Markets
• Lowering rates in April would negatively impact markets - Fed should hold rates steady instead of cutting them according to analyst Paul Hickey
• Hickey believes the Fed is done hiking rates for now based on market performance matching historical trends
• Expects December to finish strong for markets historically, the most positive month
• On Nov. 14, small caps outperformed significantly, a rare occurrence that has signaled positive returns historically
• Hickey sees continued market strength into the new year if historical patterns hold