Because it may cause a slight improvement in the economy. That would mean the Fed MUST raise rates. However, at the fake UE 3 number they should already have rates at close to 4% or better since it signals ‘full employment’ at 5%.
The fake numbers, trillions and trillions of fake cash infusions and low rates are all conspiring to prop up a market whose real value should be around 40% lower than what it is now.
“The fake numbers, trillions and trillions of fake cash infusions and low rates are all conspiring to prop up a market whose real value should be around 40% lower than what it is now.”
Agree, except I say 30%.