We never stop thinking about market related stuff, it's a curse wrapped up like a blessing. Last year we heard the EOTW cheering and came away McKayla enough to say "Things would kinda sorta work out." As the election divided the country and flared tempers, we suggested everyone "Clam (a typo that became a movement!) Down." Now a brief chat with an old friend and mentor has me a bit twitchy.
The SP has now climbed back above the 2007 apex and 800 points from trough. The extreme and innovative tools employed (Central Bank Handbook appendix) were utilized under the cloud of "emergency measures." As my friend so directly points out: exactly what emergency is the Fed now leaning against?