To The Moon

Over the past 15 months, the Federal Reserve has rapidly tightened credit conditions in an effort to reduce inflation. Since March 2022, the Fed has raised the federal funds rate — a benchmark that affects rates across the economy, such as those on bank loans and credit cards — by 5%, the highest rate since the early 1980s. The most aggressive hike ever.Discussing the state of the economy last week, JPMorgan Chase & Co. CEO Jamie Dimon candidly told the Fed to "pause" rate hikes, but he also said people should brace for a slight increase in rates. Regardless, Dimon thinks the Fed is approaching the end of its rate-hike cycle, which is good news for investors.The question now is how will the US stock market react if the Fed ends its rate hikes?图片History tells us the stock market can sky