To Step Down or Not to Step Down? That is the Question
Fed has another important decision tomorrow and the market is running with the idea that they are ready to "step down" the hiking path. As Lee Corso would say: "Not So Fast My Friends"
Let’s cut right to the chase. We have another Fed meeting tomorrow and there has been a growing belief in markets, exacerbated by comments from the WSJ’s “Fed Whisperer," that a step-down in the Fed’…