No Smoothest Sailing Ahead For The S&P 500 Bulls – Hawkish Or Not

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S&P 500 perfomed to the bulls‘ liking most definitely as is apparent from today‘s rich chart section. While I‘m looking for an eventual bullish resolution to today‘s FOMC, my medium-term view is of no smoothest sailing ahead for the bulls – still grinding higher, and also my daily intermarket observation confirms that. Follow my Twitter feed for live coverage well before the Fed die is cast today! Q4 2022 hedge fund letters, conferences and more (…) Markets had been running on the best case scenario where nothing could go wrong – Fed pivoting, soft landing, inflation down, job market resilienc…

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