The Market Ticker - How Much Further?
Specifically, how much further can the leverage-based game go when it comes to asset markets, given the already-evident impact on consumer prices, the wildly-widening gap between earnings and cost for ordinary Americans, and what is actually powering it irrespective of which party is in power – deficit spending wildly beyond that of short-term interest rates?
Every central banker and policymaker has said “that’s unsustainable” for the last 20+ years. All the way back to Greenspan this has been stated in each and every semi-annual appearance before Congress. Yet The Fed, despite being empowered to do something about that, has not — which leads plenty of people to blame (Click link to read more)
Source: https://market-ticker.org/akcs-www?post=255255
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