Subject: Re: Dow rallies more than 700 points after Powell hint

Your last summary of items has zero econ involved. No principles or ideas of any sort. No reason for growth. No reason we should do any of it.

Well, I'm satisfied that monetary policy will be stimulative. Fiscal policy appeared to also be wildly stimulative, until the tariff revenue estimate hit, which makes fiscal policy look more redistributive. So, the question is who is the money redistributed to, and what will they do with it? I could speculate, but people would start waggling their fingers at me again. :^)

Steve