All Eyes are on these Markets Now

As the FED moves towards a rate hike, not because of a strong economy, but due to a need to build up ammo to handle the next downturn, the stock market is in a tizzy. This is mainly due to the FED’s efforts to paint a picture of a strong economy while the Bond market says, take another look.

Monday the S&P index failed to get a Christmas rally started by closing under 2080.  Yesterday it bounced up as it neared the 2035 swing point.