I agree with that.
Even if I didn’t, I think the Fed is always too slow in either direction. They were 6-8-12 months too slow to hike rates in 2021. I don’t give them a pass for that, but every other western/free market central bank also went too slow. The US peaked - and recovered - earlier, but it was a global “everyone was too slow; the US was just too slow *first*”.
I say this despite being an investor who knows there’s a bubble pop coming and has little plan than to ride it out, but the Fed needs to be cautious and hold onto the slack.
Better to be slow in both directions, than inconsistent.
“an investor who knows there’s a bubble pop coming and has little plan than to ride it out”
Riding it out is usually the best plan for a long term investor. So you have a plan. :-)
The Fed have TDS.