Gandalf,
That's also because all the metrics have been reached:
-fluid money supply
-stable economic growth w/low inflation (2%)
-reserve requirements met
-stable market operations
@Bliss @Cosmichomicide of course but all that didn't matter until the Fed Chair opened his mouth.
Of course it is, but Tang assured us that it would be crashing. 😜
@sfleetucker @Cosmichomicide Our financial advisor says every presidential election year is a great year for the economy, no matter who's in office. (OK, except 2008.) Funny how that works.
@Cosmichomicide How soon before Demented Donnie rage tweets against Powell demanding HE be in charge of America's money!!!😂
@Cosmichomicide That's because someone said the magic words "interest rate drop."