As we concluded yesterday, now that the Federal Reserve rate hike is in the rearview mirror, analysts and traders have begun to focus on other issues.

Before getting into the meat of our look at today’s fundamentals, we have to observe one more time that karma is a force that often works strange wonders in the universe.

The Fed did what was expected and, as Ayn Rand would have it, Atlas shrugged. We have certainly had enough time to prepare both in the physical investing world and the emotional investing world. The federal funds rate rose from zero to 0.25%.