Well, we just had another Fed Watch orchestrated by the financial media. Did you miss it. I hope so. The fed did not raise interest rates today in spite of all the speculation by the TV talking heads. I cannot guess the man hours that are wasted pontificating about what the fed should or should not do.
If your investment time horizon is Fed meeting to Fed meeting, you are not an investor at all. You are a speculator. Yes, the Fed will likely raise interest rates again at some point. Will it matter? Sure, for about six months. If you expect to live beyond the next six months – keep calm and carry on.
