Dear Janet and Gerome,
You were appointed to these important positions to print money. When you and your predecessors printed trillions for over a decade, stocks went up, bonds went up, real estate went up... we had so much money we even created crypto currency just for the heck of it.
Now you are not printing.
We had a negative year last year in stocks, which meant very few bonuses on Wall Street. Second year in a row would be completely unacceptable.
Bonds are in a free fall, stocks are struggling, real estate is questionable. If it was not for the 7 stocks, which everyone owns, the market would be a lot worse. We haven't seen all time highs for 2 years. We miss them. We can't sustain any rallies without you.
We just corrected about 10%, so start printing. If you want us to sacrifice a couple of banks or funds, we will gladly do it. It is time to do it or something unimaginable can happen --- we will sell those 7 stocks.
So pretty please, with the cherry on top, Start Printing!
Sincerely,
Your Wall Street friends (until you piss us off).