New idea is that ccpi may fall to 1.0 next year about April 2016 and QE is engaged then. For now, a market crash of 15% seems unlikely.  So to engage QE it may not be necessary for the market to correct 15% but rather inflation falls below 1.0 next year sometime.

3 EVENTS OUT OF 8 FED MEETINGS (3/8)

There are 3 VIX 20+ events per year so there’s always more opportunity ahead. Notice each event is right after Fed meeting or within 1-2 weeks after.

Since QE ended, Oct/Nov, Dec (1 week run after Fed mtg), and Jan/Feb were periods of good TLT runs followed by good SPY runs.  The next run may be August although June is possible.