The second week of the year saw markets continue to rally…stocks were up (especially small caps), bonds were up, oil was up, gold was up…even cryptocurrencies painted the big board green…all mainly on the increasingly hopeful outlook of a decreasing need for the Fed and other central banks to raise interest rates to the point of causing a global recession. A mostly benign inflation report toward the end of the week served as a confirmation data point towards that outlook. So, what could throw a monkey wrench into the machine and grind this progress to a halt…oh, I don’t know, perhaps something like politicians doing their best impressions of Tyler Durden at the end of Fight Club. (read on)