Galt is anxiously awaiting the prospect of higher interest rates.<quoted text>
You are not an economist so I don't expect you to understand much about outside market support from the Fed. When interest rates are no longer kept artificially low through government intervention, the markets will have a tough time. The transition from a fake to a real market will be a rough one. Speculators may do well but they will probably be Magic Negro Inside Traders. The IRS folks will keep the Magic Negro's friends advised.
The Fed can't keep rates down in the face of inflation.