The U.S. Federal Reserve raised interest rates 25 basis points on Wednesday, and three experts appeared on CNBC to discuss what they're looking at now.
J.P. Morgan's David Kelly warned that investors should want asset prices to be anchored in the real economy, and that stock prices are increasing while the real economy isn't keeping up.
That doesn't mean experts see a lack of opportunities in the market. Rene Nourse of Urban Wealth Management said she is watching the cybersecurity space. On top of that, she said rising interest rates will have a positive impact on banks. She's also keeping an eye on the energy sector.
At the same time, Allan Boomer of Momentum Advisors said he likes the two-year Treasurys. In fact, he says, he bought some yesterday.
The Dow closed down more than 100 points on Wednesday, following the Fed decision.