Report Detail Summary

The Fed's Return to Normalcy and the Stock Market

January 31, 2018

In recent days there has been a great deal of chatter as to whether the stock market has gotten ahead of itself and whether the market will decline as the Fed attempts to return to normalcy. In our opinion the chatter either attempts to link two unrelated issues or the implication is simply wrong. We believe the two issues are unrelated.

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The ValueTiming™ strategy is based on the assumption that politicians and policymakers have particular views of the world, and that they will in general adopt policy measures that are consistent with these views.


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