Stories >> Economics
Christian Broda and Stanley Druckenmiller: The Fed Is Playing With Fire
Clinging to an emergency policy after the emergency has passed, Chairman Powell courts asset bubbles. With Covid uncertainty receding fast, and several quarters deep into the strongest recovery from any postwar recession, the Federal Reserve’s guidance continues to be the most accommodative on record, by a mile. Keeping emergency settings
Click to Link
Posted: May 10, 2021 Monday 06:16 PM