Is the Fed Now Dysfunctional Too?
Here is the follow up article written by Tim Iacono we mentioned on our morning interview. To me it is unfortunate that an entity that is supposed to be outside of government, and in a sense watching over them, has more in common with Congress and such than ever before. Every time either party speaks to the public no one trusts or believes them and better yet not one agrees with hem. We always knew politics played a huge role in markets but the Fed has very quickly taken the spotlight, and I believe is creating the largest bubble yet.
How could it ever be anything but dysfuntional, and when was it ever not….?