Wednesday, September 14, 2016

The Federal Reserve Is Like 
A “Cowardly Scarecrow” 
As The Corporate Debt Bubble Expands
Mish Shedlock* highlights the corporate bond bubble .. Shedlock dismisses any chance the Federal Reserve will hike interest rates .. "The Fed is like a talking statue that cannot think clearly or ever move. Envision a combination of the brainless scarecrow and the cowardly lion from the Wizard of Oz, stuck on a pointed stick, yapping incessantly but afraid to do anything."
LINK HERE to the commentary

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