$.0001-$.0011 News, DDs & Charts Only!!!

[mick]

So, even though it might not be the responsible thing to do, and equities ended up dropping slightly yesterday after the continued rate hike pause was announced, the fact is that bulls still rule the roost, as long as Powell keeps rates frozen.

And if he does, the “house of cards” market will continue to climb higher and higher, lifted to dizzying heights by an interest rate neutral environment. Even if it doesn’t make sense long-term, we might as well enjoy it while it lasts.

After all, according to Powell’s statement yesterday, interest rates won’t change until the year is up, so neither should the current bull market trajectory.