Well in the least surprising move in the history of the world, the Fed raised interest rates. Now the fun begins.
In this video I discuss how we are now to mirror 2018. We saw this party before and how it ends. The unfortunately thing is we are in much worse shape economically as compared to the last time.
The Fed is playing the expectation game. We are now going to witness how things reveal themselves. Did we move into certainty regarding a recession in the second half of the year? I believe so.
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