Tuesday, December 1, 2020

Tag: WARNING: The Everything Bubble Is In SERIOUS TROUBLE

WARNING: The Everything Bubble Is In SERIOUS TROUBLE

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from Silver Doctors:

We may have been warning repeatedly over the last few months, but what happened last week takes it to a whole new level. Here’s why…

by Graham Summers of Gains, Pains & Capital

As we have been warning repeatedly over the last few months, the Powell Fed is totally unlike the Bernanke or Yellen Feds.

Former Fed Chairs Ben Bernanke and Janet Yellen were “married” to the bull market in stocks. Indeed, from 2009 to 2016 it became a running joke that the moment the stock market began to break down, Bernanke or Yellen would issue a statement that the Fed was “ready to act” or some other accommodative phrase.