Do You Think the Fed Is Ready to Pause?

I don't see it happening for one very simple reason the Federal Reserve Act as amended gives the Fed a dual mandate price stability which they will have and maximum employment. The momentum on the downside will be in the corporate earnings so I don't think valuation is even close to where you want to be. If that continues for the next two months when the Fed would have to make a decision about going past one more 25 basis point high.