"Pride goeth before destruction, and an haughty spirit before a fall." – Proverbs 16:18

Fresh stock market highs are giving everyone the holiday season cheer that encourages spending and inspires optimism about the future under the incoming Trump administration.

The market could hit 20,000, and investors are ecstatic… but reality is still looming over the desperately vulnerable economy.

The Federal Reserve has announced that it is raising rates, and there is every indication that things could take a turn for the worse in the near future – particularly as it has been Fed stimulus over the past eight years that has been propping up the stock market.

Now, as the cost of money increases, interest payments are mounting and debts may become unmanageable for some.