But... it’s all self-evident the Fed is juicing the market. Pure market manipulation. Funny, how the SEC/NAZ goes after large institutions for moving the market & gives a pass to the FED.
market manipulation yes, but not pure market manipulation. They have other objectives, that they believe will be fostered by pursuing this policy for a while longer, and that they think they can end without destroying the world again.
Are they right? I am agnostic to skeptical, and (pretty uncomfortably heavily in cash)