Where the Rubber Meets the Road

Keith Schneider | February 18, 2019

The nation averted another shutdown at the expense of Trump declaring a national emergency. Equities loved it, led by the Grandpa Russell (IWM) which was up +4.23% on the week. (https://www.marketgauge.com/resources/the-modern-family-how-you-can-stay-on-the-right-side-of-the-market/). Grandma Retail (XRT) shrugged off a terrible December, as sales were down-1.2%. This number has not been that bad in almost 10 years, which translates into no more rate hikes this year. US bonds seem to be tracing out a classic bottoming formation which

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