Nick Szabo  🔑

What the Market wanted to hear from Jay Powell and the Federal Reserve was that this was the beginning of a lengthy and aggressive rate-cutting cycle which would keep pace with China, The European Union and other countries around the world....

....As usual, Powell let us down, but at least he is ending quantitative tightening, which shouldn’t have started in the first place - no inflation. We are winning anyway, but I am certainly not getting much help from the Federal Reserve!

Since you were opposed to QE when the Fed did it under Obama, you should have praised the Fed for trying to reverse its policy mistake. Instead you want more of the same, as you are more interested in preserving the big, fat, ugly bubble, than making America great again.