The way things are going I can see XJO hitting 8000+ before any...

The way things are going I can see XJO hitting 8000+ before any melt down. As mentioned previously, historically there has been a spike in stock prices between the period central banks have paused raising rates and when they cut rates. This is what we're seeing and central banks have yet to cut rates. Unless we see another catalyst that ends this uptrend in irrational exuberance. March is a key month, need to see what the end of the BTFP entails and what the Feds monetary policy decision is on the 20th. Also need to be mindful that it's an election year and there's no independence between Central banks and Government.