The fed becoming dovish will only make the bubble worse. The fed has caused this entire rally since December nothing else. It's just a matter of months before they cut which would be very bad as their balance sheet is still overextended. Rates should be at 2.75-3.25 and the balance sheet should be around 2.5 trillion but it's not and once recession comes it will. E very ugly. 3000 should it be hit on SP 500 with be a major top and selling signal imo. If Trump loses 2020 it's game over for Dow and Sp500. They will both sell off huge bc the market is only where it is today bc of him
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