Yellen and crew decide to keep rates unchanged and the market climbs. It is interesting that in the absence of any pro-growth policies by the incapable one, rates need to stay at emergency levels for nearly 7 years! The result: stocks skyrocket, led by the TQQQ (ProShares Ultra NASDAQ); thanks again Janet and barry; and the liberals get even more pissed off! Beautiful. The fact that stocks went up for only about an hour and then down after 3 PM shows how little confidence there is in the economy. The uptrend might resume, but only because there are no other good alternatives for investors.
Last edited: