I have no clue, but it seems far too simple that a fed funds rate of 2.25% with virtually no reduction of the feds balance sheet will get the job done. The inverted yield curve usually precedes a recession by 12 to 18 month. Thus, maybe there is a window where the excess liquidity can keep pushing the market higher.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.