What Makes The World Go Around (In 2 Uncomfortably Truthful Charts)
It's not the economy (or fundamentals), stupid - It's The Fed!
So we had a rate-hike, and...surprise - markets puked
Source: NorthmanTrader.com
Still think anything other than The Fed matters?
The S&P 500 has just caught back down almost perfectly to The Fed's balance-sheet-implied level...