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While the S&P 500 closed at a new record high and the Fed is holding its 2-day interest rate policy meeting, the Pres took to twitter to call out the Fed. This time, the Pres is telling the Fed to cut rates by 100 basis points or 1% and to also embark on another round of QE. This begs the question: If everything is “great,” then why do we need lower interest rates and the emergency policy of QE? Something is amiss and perhaps the Pres is attempting to box in the Fed and to set up the narrative that it’s the Fed’s fault should the economy and/or the stock market roll over and turn negative.