I continue to be of the view that 2018 marked the beginning of the end of the 10-year Bull Market.
Despite what you think about today's markets and the Fed, interest rates have always mattered.
The minutes certainly read like the Fed is more worried about the economy than just what the data suggests.
Why does it always make me feel uncomfortable when my plan diverges from Warren Buffett's?
Price action and fundamental conditions show the limits on how high rates can rise.
All signposts lead me to conclude that a stock market topping process is still very much in play.
How do we invest for a probable slowdown but perhaps a mild one?
For those fearing a recession was developing, it doesn't seem to be the case.
The Fed is bending over backward to be dovish.
There is strong precedent for aggressive rate cuts once the Fed gets started.