This market (“Dow 30,000”) assures Fed rate hikes.
Workers, bondholders, savers get sacked. So what would Yellen do?
To protect citizens from threats as defined by apparatchiks in Brussels.
So what would Yellen do?
7th week of US Government debt “carnage” continues unabated.
But the Fed is steadfastly blind to bubbles & their consequences.
Cross Asset Contagion & High Volatility in Manipulated Markets.
Angling for the job of Treasury Secretary in the Clinton administration?
Who says the Fed can’t have fun at our expense?
Wolf Richter with hosts Max Keiser and Stacy Herbert.