"I applaud the Fed’s move because they didn’t do Congress’s job. They said, ‘We will keep rates low for the next two years, now Congress, come back and institute fiscal spending discipline and pro-growth economic policies,’" said Doug Cote, chief market strategist at ING Investment Management in New York. "The private economy now has assured low rates for the next two years and that…makes equities that much more attractive."
Forget the color commentary and focus on the bold. That my friends is Central Banking.