Well, that could have gone better…

This morning I explained briefly why the I thought the Federal Reserve had an opportunity to pause today as opposed to doing its widely expected fourth interest rate hike of 2018. But they hiked. And, I guess, attempted to accompany the hike with somewhat dovish language to cushion the blow, sort of? It didn’t go well. The Dow, which had been rallying into the decision / press conference ended up absolutely hammered...

source https://thereformedbroker.com/2018/12/19/well-that-could-have-gone-better/