The end of the Fed's rate-cutting cycle may be tomorrow. The widely anticipated cut, the primary catalyst behind the market's recent rise, is unlikely to spur stocks higher. But it will be a necessary precondition for the acceleration of the economy that many, including myself, see in the year ahead. You may be asking, "What acceleration?" Isn't the anecdotal 'whisper' data on U.S. employment weak? Perhaps, but that stale data set will be in the rear-view mirror shortly once

In my world, the second most important person in the United States government is not the Vice President, the Chief Justice of the Supreme Court or the Speaker of the House. - especially now that Trump has them all under his tiny thumb. The Chairman of the Federal Reserve matters more than those sycophants. As long as the global financial system is under the hegemony of the U.S. dollar, the Fed maintains its primacy in financial asset valuation and direction, full stop. It's w