ETFC’s StreetWise Results: Investors’ Take on the Economy
The Federal Reserve’s June meeting is slated for June 12–13. Most of the market observers expect a rate increase to control inflation. Thus, brokerages (VFH) like Charles Schwab (SCHW), TD Ameritrade Holding (AMTD), E*TRADE Financial (ETFC), and Interactive Brokers Group (IBKR) are expected to attract attention primarily because higher rates pave the way for higher interest income for these companies.