Terms of the effectiveness of Fed interest rate cuts but I do think that Jay Powell has been signaling that he doesn t want to stay indefinitely on that path. Clearly he s gotten a lot of pressure from the White House the he doesn t want to be too accommodating to that pressure for because the Fed s an independent agency of course and I think what Jay Powell was trying to signal was Don t count on further interest rate cuts we do have even though you economy is slowing from the pace that it reached in 2018 it s still a centrally growing at a 2 percent rate which is the baseline. Of the growth potential the economy that s where it was when Barack Obama left office that s where it is now and you don t want to try to run it too hot Well I know this is the big shopping day I feel like Today also marks the official start of the a look ahead season where we look ahead to the next year. And Wall Street Journal is reporting today that analysts think 2020 won t be as good a year for the stock