Historically, the market has followed the Federal Reserve. But today, the Federal Reserve follows the market. Of course, the market is throwing a tantrum with that newfound power dynamic. Wall Street experts want a rate cut, and if it isn't delivered, they start selling. That selling happened at the end of last year, when the Dow dipped more than 15% in December alone. That action was rewarded with more dovish policies from the central bank in 2019. And it's not just stocks that are going higher. All asset prices including crude oil are lifted by easy money central bank policy. For oil prices, it was smooth sailing ... (full story)