Reading Between the Lines of the Latest FOMC Statement

The big news this week came from the Fed, with a pause in the rate hike cycle along with hawkish language from the FOMC (higher rates to come). However, after a brief pullback in stocks, the S&P 500 (SPY) and other markets have gotten back to their bullish ways. We’ll get back to that in a bit, but the good news for us is bullishness can only help our portfolio. Despite the uncorrelated nature of some of our smaller holdings (in terms of market cap),

 » …