Good News on the Strait, Bad News from the Fed

In this week's podcast, we discuss the how the proposed deal to reopen the Strait of Hormuz is something that has likely already been priced into the market.  However, if it quickly becomes evident that the market can rally further...through a "rotation" move, we have several areas that we believe can outperform......We also discuss how that change at the top of the Federal Reserve could/should have a big impact on the markets going forward.  More than anything else, it's likely going to indicate that the Fed will be more focused on inflation...and less focused on helping risk assets