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Albert Edwards "Fed Is A Slave To The S&P 500": Would Kevin Warsh Change That?

By: capt_nemo in POPE IV | Recommend this post (0)
Wed, 04 Oct 17 7:07 PM | 60 view(s)
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Msg. 35984 of 47202
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"Rather than admitting they are wrong, this groupthink of academics led by Larry Summers - who failed to predict the current economic malaise - have constructed this theory to explain why ever more stimulus is required... In particular, Warsh warned that the Fed had become the slave of the S&P."

860

http://www.zerohedge.com/news/2017-10-04/albert-edwards-fed-slave-sp-500-would-kevin-warsh-change

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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