The Fed Is Nowhere Near Done with Rate Hikes

Last week, the market told us exactly why we should stay short as the jobs report and personal-consumption-expenditures (PCE) index both showed growth.This morning we saw a continuation of this trend as the Services ISM surprised analysts to the upside, delivering a 56.5 reading versus an expected 53.5. Here's what could happen next... Tags: short , Stock Market , stock market today The post The Fed Is Nowhere Near Done with Rate Hikes appeared first on Money Morning - We Make Investing Profitable .