There is no free lunch. Your hypothesis is fed-driven policy will continue to be effective (the easy money gravy train). It's likely a better thesis, but after

There is no free lunch. Your hypothesis is fed-driven policy will continue to be effective (the easy money gravy train). It's likely a better thesis, but after a decade of great returns, people are under the illusion that the Fed has actual control of markets (they can only shape sentiment via policy).