interest rate hike

Yesterday on the news, the reporters explained the market's positive response to the interest rate hike in completely different ways.

One news station said, "The market responded positively to the interest rate hike, relieved that the Fed finally announced the interest rate hike that has been circulating in rumors for so long."

Another news station said, "The market responded positively to the interest rate hike after hearing that the Fed will curb the amount of interest rate hikes in the future."

In other words, we don't really know why the market responded positively yesterday. It's hard to predict the masses, but it's easier make up reasons to explain their behavior in retrospect. =)