As stock and bond markets celebrate a friendlier sounding Federal Reserve it’s time to review the context. The quick change in tone of the Fed and the crashing commercial real estate markets are likely related. We enter 2024 with many Black Swan events threatening our well-being. Our focus on lessening personal financial risks in stock and bond provides a calmer backdrop for the holiday season knowing that our many 2023 economic issues are carrying over to 2024. The $Trillions injected into the U.S. economy during Covid resulting from Fed and Congressional support programs has maintained market euphoria longer than expected but now is not the time for FOMO (fear of missing out)!