imho this is the most likely scenario. Maybe by say, Feb. we'll know a lot more about where policy is going, of course by then market prices will have that already "built in" too....
Looks market participants feel increased economic growth & profits can absorb 100 basis points hike from fed.
if signs indicate 3 - 4% growth is realistic, the market could continue to rally while looking at another 100 bp tightening??
savers could come back into the markets as rates rise??