FED balance sheet expansion
As mentioned before, FED will inject $500 billion from mid DEC 2019 to mid Jan 2020. And will continue to expand until mid Apr-May 2020.
if there is any 5%-10% pullback, it will be a gift (which l doubt when this non-QE is still on going). For those who claimed to liquidate 401k into cash only (seems so smart, grr...) likely to learn another lesson.