The Fed cannot fight inflation and prevent financial asset bubbles from deflating at the same time.

The Fed cannot fight inflation and prevent financial asset bubbles from deflating at the same time. https://t.co/CiV5npQZA0 pic.twitter.com/dSaMH34MCI

— Jesse Felder (@jessefelder) September 17, 2018

The next US bear market will most likely be caused by a spike in ten-year Treasury yields and risks setting off a $10 trillion crash in US household assets, according to Martin Feldstein, the President of the US National Bureau of Economic Research. https://t.co/ORW1wdTVDW

— Jesse Felder (@jessefelder) September 17, 2018