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Investors are finally getting the message that the Fed is becoming more hawkish. Last Wednesday’s Fed announcement was incredibly clear on that front leading rates to finally head higher. This led to yet another “Ticker Tantrum” sell off on Tuesday.
Let’s once again review the facts of the situation and why this is a premature and foolish move. Meaning this is another “buy the dip” situation with the bull market having plenty of room to run higher.
