(12/14/23) Wednesday's (12/13) FOMC meeting took the bearish bias off the markets. Markets are currently extremely over bought; everything is pegged in terms of bullishness: Retail Investor Sentiment is extremely bullish with 90% of stocks being above their 50-DMA. Historically, such conditions have invariably resulted in correction, but that doesn't mean it has to happen right away. And, after a few weeks of consolidation without a correction, Santa has arrived early, and markets are off to the races, thanks to the Fed's dovish stance. Markets are now within a couple percentage points of marking all-time highs, something which we think may be achieved before Christmas. Meanwhile, Yields, which we have contended have been improperly priced, will likely take out the 200-DMA today on ten-year treasury yields. If you didn't lock in earlier opportunities in bonds, that window is gone. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO  Produced by Brent Clanton --------  Register for our 2024 Economic Summit: Navigating Markets in a Presidential Cycle:  https://www.eventbrite.com/e/ria-advisors-economic-summit-tickets-703288784687?aff=oddtdtcreator -------- Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel:  https://www.youtube.com/watch?v=g7d8Ke2jCTg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "The Markets Are Front Running The First Rate Cut" https://realinvestmentadvice.com/the-markets-are-front-running-the-first-rate-cut/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #FederalReserve #SantaClausRally #FOMC #BondYields #200DMA #MarketRally #Markets #Money #Investing