FED really can’t force full of water horse to drink more…
— GregTheAnalyst (@Analyst_G) April 14, 2021
— Nomi Prins (@nomiprins) April 14, 2021
They are: 2017, WSJ, "Fed to Markets: The Balance Sheet Wind-Down Will Be Like 'Watching Paint Dry.'"t.co/zoTc7yOfa0
— Luke Gromen (@LukeGromen) April 14, 2021
— St. Louis Fed (@stlouisfed) April 14, 2021
Veteran investor Danny Moses compared the stock-market boom to the dot-com bubble, underscored the dangers of excessive leverage and liquidity, and called for the Federal Reserve to temper its stimulus efforts in a recent RealVision interview.
Powell seems to be repeating Greenspan’s mistake of inflating asset and credit market bubbles even though there are the clearest of signs of considerable excess in those markets.