Friday, April 29, 2016

The Market Is Addicted To
The Drug Of Monetary Stimulus
Former Federal Reserve President Richard Fisher laments the market’s drug addiction .. Another former central banker now warning that asset market declines as the QE pump ‘n dump completes. Poor central bankers, they have made market participants into a pack of mindless crack addicts .. An interest rate hike will surely cause market pain .. "I would be prepared when they move — there’ll be a settling in of the market place. There will be a correction. Suck it up. Deal with it. That’s reality." .. 4 minutes

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