Economy

I have been out on a limb for some time, noting over six months ago that we would see a major stock market correction this year.  My argument:  Consumers have held up the economy for fifteen years and are running (have run) out of money.  The federal reserve, faced with a slowing economy will stop rate increases even though inflation threatens.  The fed politically cannot raise rates in a slowing economy even in the fact of inflation (which should be its primary concern).  The result -- tough times for a while in the stock market.   

Econ