Hangin’ out at the Federal Reserve Soup Kitchen

Where we are all dependent upon a handout. They’re in charge of what happens next, since the investment markets are dysfunctionally addicted to low interest rates. Meanwhile, Andresen & Associates is now AGGRESSIVELY rebalancing our portfolios in anticipation of…something. Today’s downturn is an indication of restless spirits, but whether it turns into anything meaningful is dependent upon news…and especially interest rates.