Re Taper end game
I think they are stuck, they can’t really raise rates, not with current debt levels, all they can do is delay, while useing the Rig to maintain the mirage of normality and let inflation eat up the debt size, ……but now as u say certain signs are emerging that this is insane….eg the SM is going truly ape, as it can smell they won’t/can’t let it fall….
All I see when I look at Monthly SM charts of the likes of Tsla, MSFT, etc…is a screaming blow off top, they are almost vertical now….and u have demented cretin in the Whitehouse….what could go wrong.