Specialist Edward Loggie works at his post on the floor of the New York Stock Exchange as the rate decision of the Federal Reserve is announced, Wednesday, Dec. 16, 2015. The Fed's move to lift its key rate by a quarter-point to a range of 0.25 percent to 0.5 percent ends an extraordinary seven-year period of near-zero rates that began at the depths of the 2008 financial crisis. (AP Photo/Richard Drew)

Fed rise to end 'momentum trade'

The US Federal Reserve's rate rise could mean the end of the so-called "momentum trade" and welcome the return of real stock-picking investing.