My observations about the Fed’s actions, and why I’m not shorting this crazy market.
By Wolf Richter for WOLF STREET.
For those who are saying, all that matters is liquidity, fundamentals don’t matter, don’t fight the Fed, the Fed is throwing money into the market, just ride the gravy train – is that going to be as safe a bet going forward as it has been in the past couple of months? This is what Adam Taggart at Peak Prosperity asked me in an interview. My thoughts…
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