Obama’s first two years were great for the market

The Fed was guiding the markets into thinking this was potentially the last rate hike in this cycle.

Valuations for cloud companies are rising dramatically

Which could present opportunity for contrarians.

Retail sales push yields back towards upper end. The strong retail sales data released this morning from the Commerce Department points to a giant third quarter GDP print, which is scheduled for release next week and is likely to keep the Federal Reserve a focus point for investors.