Fed-fuels stocks to all-time high
Is the Fed really cutting rates as the S&P 500 hits an all time high?
Powell tried being slightly hawkish for three months and then folded.
The stock market is in total control now and the easy-money era is set for another few years of exuberance. It won't end well but it won't end soon, so in the words of Chuck Prince: while the music is playing, you got to get up and dance.
