As we have witnessed this week, the Federal Reserve met and Mr. Market has responded. Just as I was beginning to relax, and take a few (much needed) days off, I am now scrambling to provide investors with a last-minute stocking stuffer list (see: My Top 10 SWANs for 2019).
It’s stressful enough, just days before Christmas, but I’m not surprised with the reaction, despite the expected Fed actions - boosting interest rates for the fourth time this year and cutting its 2019 forecast to two hikes from three.
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