as in Powell channeling his inner Benjamin Strong and giving the stock market a "coup de whiskey" with the loosest monetary conditions in modern times.
Some ominous similarities as GDP stalls, as it did before the 1928 shot of adrenalin- although I most sincerely doubt a temporary jump from 1% to 6% under current conditions.
Timing is everything- Dennison might manage to dump the consequences on his successor, or less likely, himself.
This being the most nihilistic and corrupt administration in American history, no stone will go unturned to keep the appearance of prosperity until the election. And I imagine they very well may pull out of the ME shortly before the election so as to not have to deal with the consequences of that in the pre-election timeframe.
Below is a handy Yeah Whatbout....???? form for your convenience.