The Dow plunged yesterday and is in the longest losing streak since 1974.  So much for an optimistic view of the economy.  The Federal Reserve has concluded that inflation is stubborn and is not coming down to the two percent level as planned.  Hence, fewer rate cuts in 2025.  President Trump will have a restive citizenry on his hands when he is inaugurated and his actions and words will either improve or worsen the situation.  No one knows at this point, but one thing is clear.  If he starts to meddle with the Federal Reserve, he will make things worse.  One hopes he is smarter than that.  

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