Ghost of Igloi wrote:
This article sddresses some of the future issues caused by Central Bank QE. I find it hard to imagine a benign ending to this foolish policy. But who knows?
https://macromon.wordpress.com/2018/10/25/where-the-next-financial-crisis-begins/
We don’t think, though we reserve the right to be wrong, as we often are, this is just a short-term bout of volatility
It’s refreshing to see a prognosticator admit to often being wrong. Most, like our resident bears, would rather die first.