Who thinks Powell went into hyper dove mode after talking to Yellen about cost to Govt of high rates

Meanwhile MCD is doing fine. Up off the Oct lows, near all time highs, just like most every other big cap. :p

The only price that matters .......................... is the stock price.
 
There is something that Graham once said... about the weighing machine in the long run. And something that Keynes said, about animal spirits.

Let's see how long this one defies gravity...
 
Specterx said:
At some point in our lives there will probably be an event which does meaningfully impair likely future returns, and where reflexive BTFD therefore screws long-term investors. But that's not today.
More...

the won't be such event

It's kind of obvious what happens - no takers of debt, long term rate rise, Fed restart Qe as only resort. Inflation increases, Fed refuses to rise rates - inflation gets higher again - stocks have shallow dip then as it becomes obvious Fed can't raise rate s go to the moon Venezuela type

Time line is unclear. Huge immigration and cheap labour will slow inflation and delay reckoning so it maybe 10-20-30 years in the future but still you want to stay fully invested
 
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