It's amazing to me how the Average Joe public doesn't see how neatly controlled and managed our world markets are.
After the amazing up year in markets during 2021, this year the Fed flipped into rate hike mode precisely starting in January (supposedly to "tame inflation"), and now inflation looks tamed...precisely by end of December.
All neatly within the same calendar year.
Gee, how precise. Much managed.
I imagine that Jerome Powell has a sign hanging in his office. On one side it says "Up year" and on the other it says "Down year".
He flips the sign over every new year on January 1st when needed. And sends a photo snap to all the Wall Street insiders.