Now that the mid-term elections are behind us, we’ve gained some clarity on the current market movers. There are two major things to watch closely over the near term: 1.The Fed. There has been considerable discussion in recent days about interest rates in 2019. Chairman Jerome Powell clawed back comments from October while simultaneously taking a beating on policy from the president. The market initially responded positively, and then pulled back. Chairman Powell is trying to find his footing at a tough time. The central banker is trying to avoid the mistakes of the past (i.e. being too passive and running the risk of an inflation spike) while being called a “threat” by President Trump.