$SPDR S&P 500 ETF Trust(SPY)$ The market is set to keep climbing because oil prices will keep falling, leading to lower inflation in a few months. Even though Warsh sounded hawkish today, that's likely just to align with his colleagues. He knows oil will drive prices down, and growth is the wind that will propel a stronger U.S. economy. In the end, interest rates will come down. Markets tend to rise with lower rates. Investors want to get in early.

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