Will Jerome Powell’s “Band-Aid” Be Enough to Stop the Everything Bubble Bursting?
Jerome Powell burst the Everything Bubble… and now he’s desperately trying to put it back together again. Having generated the single largest mis-allocation of capital in history from 2008-2016 by manipulating bond yields to extraordinary lows, the Fed, lead by new Fed Chair Jerome Powell decided it’d be wise to embark on the single most […]
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Source: https://gainspainscapital.com/2019/03/22/will-jerome-powells-band-aid-be-enough-to-stop-the-everything-bubble-bursting/
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