Unless the Fed's chair Powell truly does want the stonk market to implode, he needs to shut the fk up.
S&P 500 needs to bounce away from 3837 or he will likely see that.
The only reason he would want to induce that if he and all the big WS players (*cough* all his buddies *cough*) are short this market.
He very well might want to bring it down 40-50%, sure.
However, I am of the opinion that, as they lost the plot on inflation upside, they would similarly lose it on the market downside.
Somehow, they think that they can control everything, but they can't. At some point these gyrations would become of such amplitude that the whole Ruby Goldberg "machine" would beak.
Is it going to be in this cycle? Maybe 20-30% chance, but close to 100% in the next few decades.
You just can't interfere ad nauseum and always get away with it...sooner or later it would utterly fail.
2008 was a warning, imho.
Not sure what to make of bitcoin's fate during this.
Perhaps, as they would try to stop (or reverse) the rise of the dollar, bitcoin would also reverse to the upside.
We shall see if this would be more important that the halvings (or not)..
