Great time to chase stocks. 🤦‍♂️ t.co/qJktY3GUOU
— Greg S. (@GS_CapSF) December 13, 2019
Hey I know, let's take a 3rd bubble 3x the size of the Dot Com Bubble, cut rates, never normalize QE then expand QE during a recovery b/c the Fed was negligent again in its Repo mkt oversight🤡@RobSKaplan @neelkashkari @marydalyecon @RaphaelBostic @ericrosengren @benbernanke t.co/xU209bHo4X
— M/I_Investments (@MI_Investments) December 13, 2019
Dot Com Bubble
1999: "Greenspan has engineered the biggest expansion of money supply in the Fed's history…The Fed's move has been explosive on Wall Street because a free flowing money faucet at the Fed is the stuff that makes bull markets get fatter."🤦‍♀️t.co/tcXqFMdKNw
— M/I_Investments (@MI_Investments) December 13, 2019
Ticking Time Bomb of Record High Corporate Debt
With the record-long expansion in its 11th year, Fed policy makers have indicated in recent months that they’re watching the corporate debt situation closely.
GDP: one of the top weights in our GDP nowcast (Retail Sales Control Group) just slowed, again
— Keith McCullough (@KeithMcCullough) December 13, 2019
The Fed's $500BN in one month liquidity injection to save the repo market has nothing to do with the economy or US banks that might go under without it t.co/KWgXka7cyx
— zerohedge (@zerohedge) December 13, 2019