The possibility of the Fed’s taking its foot off the accelerator - TopicsExpress

The possibility of the Fed’s taking its foot off the accelerator is, for the most part, already baked into the cake. At least, “it should be” and were seeing a slight pull back which might be needed to build a stronger base. A bull market needs to reset or find a base to build strength to continue its long run. A bull market does not end the second the central bank begins to tighten and raise interest rates. It typically takes a few hikes of the federal funds rate to begin to pressure home prices substantially.

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