"A Long Road To Normal" = Soft Landing, Or Glide

Just like the good ole days, we had a day where the fed spoke and the market rallied. Powell said two things that were crucial: "A long road to normals" and we'll be in "a lot interest rate era" for a long time. This put the market at ease, as many participants, including myself, thought we may be heading back to normal quite fast. That appears to not be the case.. so we can all relax and assume a soft landing is in tact, for now.