Is the Fed Trying to Level the Playing Field?

The Fed may have to step in at some point try to counter the enthusiasm because the market then becomes inflationary countering the Fed right just as we peaked on inflation so that's why I think it's kind of a this is a really interesting sequence that could be happening you get this optimism but then at some point it has to be countered by reality. If unless there's a credit event, there won't be a lot of political pressure on the Fed unless unemployment rate jumps so Powell does have that going for him.

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