Too much money chasing too many dumb deals. Gee, when have we seen that before?
Too much money chasing too many dumb deals. Gee, when have we seen that before? More broadly, easy $ cycles not fueling 70s-style "real #economy" inflation. They're fueling "asset economy" #inflation, underwriting excessive financial engineering, encouraging high-risk lending etc https://t.co/zg4fcbAtVP — Mike Larson (@RealMikeLarson) October 10, 2019