How Long Will Rally Last Under Russian Action?
I expected a one to two day rally. Now what?
Our View
Putin sending some equipment back to its bases in Russia isn’t going to stop the market from falling again and it won’t stop the Fed from jacking up interest rates. As noted yesterday in the “Game Plan,” the consensus has now shifted to a 50 bps hike.
Nothing has changed! According to @Bespokeinvest, yesterday was the third day this year that th…