Just when we are about to celebrate when Powell shared last week that it was time to slow the pace of upcoming interest rate hikes, the fears of aggressive rate hikes came back. From the news, I read that U.S. services industry reported better than expected data. In November, employment was rebounding and wage growth was accelerating. Consumers spent more in October. You might be wondering “Isn’t it good news?” Well, the downside is that it means inflation is still possibly rising. This also means that the Fed may still stick to their plan for aggressive rate hikes in order to curb inflation. As you can see below, the stock market is smart and reacted accordingly to the news. DJIA, NASDAQ and S&P 500 declined by 1.40%, 1.93% and 1.79% respectively. What Does It Mean For Me? I am just sharing my thought. I thought the boat has sailed but the stock market is really unpredictable.  ...