When a doctor administers medicine, he or she makes a judgment about the appropriate dosage in advance. The Fed has to make that judgment, but there's a chance they've already given out the right dosage and just need an appropriate amount of time for it to take effect.

He's treading on very thin ice. When the Fed chairman says that the stock market is very expensive, the average investors is not going to be pleased.

We continue to see very rapid economic growth which has been a problem for the Fed all along. We have not seen a material increase in labor costs and that's what I think is going to be the ultimate problem in the economy somewhere down the road, though clearly it's not imminent.

If laughter is the best medicine, I am your doctor :)

In the words of the philosopher Sceptum, the founder of my profession: am I going to get paid for this?

We got exactly what everyone expected, showing the Fed did a very good job of telegraphing in advance what they were going to do,