Inorganic Froth: ‘Frothy’ Stock Prices Pose Quandary for Powell in Mapping Policy (US Financial Conditions Easiest On Record, Q2 GDP Growth At 13.567%)
by confoundedinterest17 Since 2008, The Federal Reserve has eased financial conditions tremendously, helping boost prices to record highs. For example, commercial and residential housing prices are much higher than at the peak of the housing bubble in 2005. The Fed …