The Fed will step in more reluctantly than the Chinese govt. Also our govt won’t execute short sellers, although Obama is probably envious. The PTB would not care one way or another if Obama ends up with the best economy ever or not, but they probably won’t let him take the fall for the inevitable collapse. So we are not going to have the inevitable collapse now, besides the ride is really just starting. Don’t fight the Fed even if the Fed hasn’t made up its mind.
I’ve been mostly out of the market this summer. But momentum trade RUSS - needless to say I’ve had a pretty good summer