Crazy. From one of the more respected talking heads, over at twitter:
- on the front page of The WSJ, Saturday, discussing a federal reserve signal pertaining to a policy action that is two years away! This highlights the extent to which markets have embraced the Fed-driven liquidity paradigm and, in the process, have disconnected from fundamentals. The WSJ headline:
- rate-hike worries send Dow to worst week since October
So much money floating around out there. Exhibit A. Note, for at least the second time in the past year, this product is "out of stock."
Greta's nightmare:
No comments:
Post a Comment