The Federal Reserve’s ‘official position on bubbles? They can only be seen after they burst, when their bursting ‘proves their existence.’ (Greenspan)

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The @federalreserve 's 'official position on bubbles? They can only be seen after they burst, when their bursting 'proves their existence.' (Greenspan)

Contrast that with the great Dr. Kurt Richebacher.
No mystery why we've had 3 huge Fed fueled bubbles in just 20-years! pic.twitter.com/aOqwy9fFHW

— Peter Schmidt (The 92ers) (@The92ers) September 10, 2020

GOLDMAN SACHS ANALYST ROD HALL, WHO ACKNOWLEDGES THE STOCK IS UP 71% SINCE HIS DOWNGRADE ON APRIL 16, KEEPS A SELL RATING ON $AAPL WITH A NEW PRICE TARGET OF $80

— *Walter Bloomberg (@DeItaOne) September 8, 2020

Statement of principle: A global financial system that requires over $20 trillion in artificial intervention in 13 years is not on sound footing nor is it stable. It's pretend stable at best. pic.twitter.com/P7pZB4ytdc

— Sven Henrich (@NorthmanTrader) September 10, 2020

🍲 Fresh from the kitchen…

LIQUIDITY CASCADES
The Coordinated Risk of Uncoordinated Market Participants

In which I explore the narratives of Fed intervention, the growth of passive, and the convex nature of hedging.t.co/IieJIm9Kt6 pic.twitter.com/DJRwD1WBDi

— Corey Hoffstein 🏴‍☠️ (@choffstein) September 11, 2020