How hilarious is the Federal Reserve’s cattle drive of cash money (i.e. “liquidity”) into the stock markets? I’ll tell you: if that cash is outflow from bonds that pay ZIRP interest rates, then this attempt to stampede investment into the stock market is only going to succeed in ravaging the bond market more »
Tag Archives: Banking + stocks + Federal Reserve + ZIRP + collapse + interest rates + the long emergency + too much magic + too big to fail