This wolf fellow seems mean. Also, he has a square face. Possibly a cubical skull. That's not right.
Hilarious How Wall-Street Crybabies Whine about the Fed’s QE Unwind after a Decade of “Wealth Effect”
Wall Street has been moaning, groaning, and crying out loud about the Fed’s current monetary policies – raising rates and unwinding QE. They fear that these policies will undo the Fed’s handiwork since the onset of QE and zero-interest-rate policy in 2008, now called the “Everything Bubble” (stocks, bonds, “leveraged loans,” housing, commercial real estate, classic cars, art…). In an effort to pressure the Fed to back off, they’re accusing the Fed of making a “policy mistake” and creating “scarcity” of bank reserves. Here is Bloomberg News this morning. It’s really cute how this works. This is how the article starts out: “Fixed-income ... (full story)
- Posted: Nov 8, 2018 5:49pm
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 868