Episode 96:  Yesterday’s Fed press conference was no surprise.  The expected 4 part drama was yet again acted out for a mindless media.  (See http://www.investablewealth.com/good-news-is-bad-news-sp500-drops-below-50-dma/ ) Ignore the press coverage and focus on the fact that the Fed has yet again reduced their GDP growth forecast.  Their call for 2017 is a growth rate of ONLY 2.2%.  Such minuscule growth... Read more →