It seems obvious what the Fed is doing- Dow Jones takes out 43k

This is the final update this evening (thanks goodness you might say), but it is important to read though all that has happened this evening. It seems obvious to this analyst; the Fed is hitting the brakes on monetary easing and the reason is clear. Donald Trump will take over the White house in just a couple of weeks now and he has avowed to lower corporate taxes and his policy will clearly be inflationary and it seems the Fed is now making an adjustment for that and it makes perfect sense. Look, if stocks were not already in bubble territory (which they actually are) then tax cuts from Trump next year might ensure they will become so and under such circumstances how on earth could the Fed keep inflation in check? They would surely have a problem with that and that is at the core of this action tonight. They are attempting to hold that in check. So the Dow Jones is not going to snap a 9 day losing streak. It is now going to be a 10 day run of lower closes and upon further investigation that is something not seen since the 1970s- crazy as it may seem. The index  has now taken out the 43k handle, currently trading at 42,925