Remarkably, the new "Star Wars" film is already the fifth highest grossing film ever in North America. When you include the $624.7 million in international box office revenue, the total take stands at $1.22 billion. And the movie hasn't even opened in China yet. But, according to Steven Spielberg, "The Force Awakens" Director J.J. Abrams is "terrified" because the film needs to surpass $1.5 billion to be deemed a success on Wall Street. Yet, according to one estimate, the movie could garner $2.7 billion.
The force is strong with this one.
In the words of Princess Leia Organa, "Somebody has to save our skins." During and since the Great Recession, the Fed has saved our skins. Politicians in Washington, DC, should have passed a more aggressive stimulus bill to accelerate the recovery, but that didn't happen, and the Fed understood the words of Yoda: "Do. Or do not. There is no try."