The biggest risk to markets in the coming weeks is the realization that the Fed has already gone far too far, and the economy is rolling over.
Here's where the market stands right now.
The coming week will be another exceedingly heavy week of Q4 earnings, this time with more of a focus upon the mega-caps.
Plus, we take a close look at the charts of the S&P 500 and Nasdaq Composite and check out Tesla, Disney and Salesforce.
The belief is that inflation isn't too hot and economic growth isn't too cold, though the bears argue this view is unrealistic.
GDP, unemployment claims, and durable goods reports were better than expected, creating hope that the Fed will be able to create a soft economic landing.
Plus, a look at Wednesday's wishy-washy market action, the Treasury yield curve, Chevron's coming earnings and Lael Brainard's possible exit from the Fed.
Experts are optimistic that better days lie ahead for precious metals.
There are a few factors that will determine whether the bull is charging again, and most aren't arguing in its favor just yet.
Thankfully, the central bank has entered into its pre-policy meeting media blackout period.