(1/12/22) After receiving Joe Biden's nod to continue as Federal Reserve Chairman, Jerome voiced a need for more aggressive rate hiking campaigns, and tapering the Fed's balance sheet even more rapidly this year. This will extract liquidity from the markets. Powell believes the battle to be fought will be high inflation--but what's being missed is the fact that the economic recovery had been fueled by massive liquidity injections--such liquidity is going away--putting markets in a more precarious position heading into the year. Risk Appetite is also returning to the markets in the form of cryptocurrency; Bitcoin had a rally yesterday. Use any rally in the Nasdaq and S&P to clean up any laggards you've seen in your portfolio and reduce risk. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/news... -------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=wTK8oInR8O0&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/9816369327340/WN_8UCalLNwRKOiI97F0L7pww -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestme... https://www.linkedin.com/in/realinves... #MarketRally #Bonds #PortfolioRebalancing #SmallCaps #MidCaps #Liquidity #EconomicGrowth #InterestRates #Markets #Money #Investing