Im sure a lot of you saw this coming. News media will keep telling us everyday how bad Covid is getting, even if it's not. This gives the FOMC cover to keep things just as they are. Rigged to perfection. Just sit tight and watch new all time highs on a weekly basis.
EuroStan is toast... but, there are '46' variants. Sorry, '46' mutations. LOL https://www.fox29.com/news/new-covid-19-variant-named-ihu-discovered-in-france
So since the PPT collapsed on Powell's pivot last month, you are now shifting the responsibility to the health care system to feed the monkey. Sorry, I do not think it is going to help. Powell made his bed, and he going to have to lay in it this year.
and the stock market continues to break record high. These index futures have broken the record high, and the list is growing. ES, YM Thailand SET50, Taiwan index France CAC40, Sweden omx, Italy MIB etc etc etc The professional writers, the news reporters .... are doing a very bad job. always read the news with skepticism / eyes closed.
in order for the above to work we would need a selloff and a big one to accompany the "Fakish" news. Then the FED will have its reason.