By Adam Sharp The last 18 months have been a crazy period for the U.S. stock markets.
In the second half of 2018, it looked like we were going into a sustained interest rate tightening cycle. The Fed had interest rates on autopilot, and they kept going higher.
The markets weren’t happy about it. In November 2018, I wrote the following:
If equity and real estate markets get hit hard – which will probably happen if rates get back to 5% – everyone will be begging the Fed to lower rates and eventually restart quantitative easing. CNBC’s Jim Cramer is already screaming at the Fed to …read more
