More from Economic Data
You can rock on for now while the music is still playing, but be prepared for the inevitable 'out of the blue' sour note.
Looking at a painting by Renoir side by side. You see beauty. I check my watch. The same is true with economic policy.
I expect that stronger economic data will actually cause the market to assume more rate hikes down the road.
This is a perfect time to make sure you haven't strayed too far into the mainstream, which has been the wrong trade for well over a year.