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