Any rally would be short lived and all rushing into it would end up being financially decapitated soon enough, as any abrupt stoppage of raising rates will signal the Fed sees the economy running into a major slowdown.
That is the only thing that would cause Fed to put on the brakes.
Greenspan has played monetary games for so long he has played himself into a corner he can't get out of.
His relentless reminder that economics is an inexact science is going to get its' proof in the time ahead.
Regards Zeev roadmap it hasn't been updated since 2/22.
But i see there are 2 broken pink lines i presume to be alternate scenarios.
The worse of the 2 shows a dive to about 1830 and rise to about 2040 and then going down an undetermined amount, but below 1830 as the chart comes to an end and i can't see what happens next.
That doesn't seem very bullish to me, aside from a temporary time of relief.
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