FOMC MINUTES CATALYST?

The 'tourist argues this isn't a dramatic shift at the FOMC

Well, I guess I should have seen this coming. I suspected the Federal Reserve would get more hawkish with their balance sheet runoff, but I dismissed it as a technical factor that wouldn’t matter much to the stock market.

I was wrong.

The stock market was surprised by today’s Fed minutes’ release. It turns out that many on the FOMC board were keen to acce…