at 1800 NIRP is "on the table"...the "market" is always gaming them.
Everyone was running scared at s$p 1810....all rate hikes were completely eliminated off the table. Now imagine if the S$P gets to 1700 or 1600 or even 1200 ....the fed will have nothing left to prop up the markets....Negative rates would certainly come...I cantttt waitttt to see the markets down and the fed scrambling to fix it. Right now they think they still have the answers but every quick fix they have given this market is only a significant collapse waiting to happen.