At the front of everyone's brain this week is Tuesday's
policy meeting. Inflation and economic growth have displayed more red flags of late, and most on Wall Street expect a hike of 50 basis points.
Will that be enough? At this point it's impossible to know. Some investors believe a strong move will help soothe tension in the market and spark a rally. More bearish investors believe the Fed is just getting started, and that
and his cohorts are more determined than ever to reel in an economy that has gotten too hot for their liking.
We'll give you every angle on Tuesday. We'll be tracking the markets and analyzing the reaction when the Fed makes its intentions known shortly after 2 p.m. EDT.
Given the rising concern about the stock market and the economy, a historical perspective is invaluable. I encourage you to take a look at
story, which compares the Japanese bubble to our own economic and stock-market situation. It's a bit harrowing to read, but provides good insights into our own current situation.
Another good perspective piece comes from
James J. Cramer
. He doesn't go as far back as Andrew Morse, instead comparing the struggles of 2000 with what occurred in 1994. His
rewrite of his column about that year provides deeper insight into how he sees 2000 shaping up in a similar way, and 1994 was certainly a pretty tough year for investors.
Finally, for those seeking some safety,
has a great
story on mutual funds that have weathered past market storms. I encourage you to take a look at that for some good pointers on where to put your money when the going gets difficult.
If you've got any questions or comments, feel free to email at
email@example.com and I'll make sure your issues get handled.
Meantime, get ready for another exciting week at
. From the Fed to funds, from tech stocks to old-school stocks, we'll have you covered.
L'Etoile du Nord
Dave Kansas is editor-in-chief of TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He welcomes your feedback at