One no longer needs financial shrewdness to invest. One needs only do what the Fed does. Buy when the Fed buys, sell when the Fed sells. Why would you do otherwise?
People have been doing that ever since “the Greenspan Put” in 1987. It will work until it doesn’t, just like every other guaranteed investment strategy.
You are correct.
Although...call me a purist, but the Fed should not be picking winners and losers. Although, lets not kid ourselves—that is what they have been doing to more than a century.