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Caroline Baum: The stock market’s hissy fit over the Federal Reserve shows it needs to toughen up
Fed policy is never on auto-pilot, and financial markets should know that. What a bunch of wusses! Back in the day, Wall Street traders ruled the world, memorialized as “Masters of the Universe” in Tom Wolfe’s “Bonfire of the Vanities,” and “Big Swinging Dicks” in Michael Lewis’ “Liar’s Poker.” Now these folks require coddling. Unless
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Posted: December 24, 2018 Monday 02:46 PM