Definitely with the expectation of a 5.5% inflation. People keep mentioning stocks go up, but have we become so delusional to forget that people need to spend money on the markets for stocks to go up. I mean, lower interest rates won't change unemployment. It has never really done that. After the financial crisis of 2008, it took 5 years for the unemployment rate to go back to 4%. And that was when interest rates were at 0%
I mean, US is already fucked. No need for a 1.5%. More and more countries are starting to deal in Chinese Yuan. New trade alliances are being made, even enemies are working together on trade (obviously 'the enemy of my enemy is my friend proverb'). And in the Middle East they're getting angry at POTUS for not defending them more, leading countries to think about their own nuclear weapons in the Middle East and Asia. Of course, the Golden Dome can prevent possible attacks, but with what money will they build it? From the banana industry they're planning to build in the US?
Fear and greed index at neural. Fund managers surveys still neutral to slightly negative. People throw around the “euphoria” word cause stocks are going up but we are nowhere near euphoria yet