Happy Birthday Bull Market! (Just Don’t Forget To Read The Fine Print)

If you’re like so many ‘Sharons’, you’re still long or worse, you just recently got long along with all the other retail investors who together have dumped something on the order of $124 billion into ETFs YTD. For you, how we got here matters. That is, you need to make sure you know what you just bought into. You need to read the fine print.

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Goldman: Things Have Changed, The “Hurdle” For More Fed Hikes Is Now Lower

“Over the last two years the FOMC appeared to take an asymmetric approach to policy, with a greater willingness to slow the pace of rate increases than to the speed them up. Now that the economy looks much closer to the Fed’s objectives, the FOMC may approach policy decisions more symmetrically.”

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