If you're going to manipulate markets, might as well manipulate them all the way. Stress relieving rallies are necessary if they have in their mind to "go all the way" and lift the Fed funds rate above the CPI if necessary. The current pace is pointing to a crash that will force the Fed to choose destructive QE again or allowing something like a 2008 market crash to proceed without any help.
菲律宾否认曾与中国就南中国海主权争议达成协议
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4月27日,菲律宾国防部长吉尔伯托·特奥多罗发表声明表示,自从费迪南德·马科斯总统2022年主政以来,菲律宾国 […]...
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