Benny and the Boys need to hang on here.
There is a LOT of air under this monetary meringue.
I can see an event dropping the SP futures down to test the 1200 level in less time than most might imagine.
"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel