Name:   MartiniMan - Subject:   Gotcha Date:   2/22/2017 3:35:34 PM

I misunderstood what you were saying.  We spent the last 8 years listening to Obama take credit for the markets and other fanciful thinking and I hope the current administration doesn't make the same mistake.  He has a Fed that may not be nearly as interested in preserving his reelection chances.  And the Fed can do real damage to the markets and the economy as they move away from cheap money.  Of course they will take the rest of the economy with them.  The sad reality is that when the next recession hits, and I cannot imagine it won't in the next 4 years, they will have very few options to soften the landing.  You only need to look at Japan to see how cheap money from the BOJ has pretty much prevented them from responding in a positive way.

And I had to laugh when you said traders hate a static market.  That is so very true and most people can't understand why.