True.
I also read the argument that the current FED is closer Hillary and in support of the current regime.
So might be an additional factor for the FED to accommodate.
On the other hand I do believe in the base line drift and Triumph of the Optimists:
http://press.princeton.edu/titles/7239.html
And the money flight from Asia and Europe.
EMU banks were very shaky during Brexit and still are.
http://www.boursorama.com/bourse/tau...SCHE_BANK-3xDB
(CDS as a stress indicator)