Are we going to go the way of Japan? Where their central bank buys up every dollar of gov't issued debt and has amassed an almost 100 billion dollar stock portfolio buying etf's. Not to mention btfd on an average of once every three days. Enter next recession with zero rates and a four trillion dollar fed balance sheet and it certainly looks like we'll follow the Japanese lunacy. Can anyone see old yeller doing anything else?
old yeller has nothing left....there is no way getting out of the next recession....they have used everything possible to get out of last crisis, with rates at 0% 3 QE's and a bunch of freebie programs they gave wall street they have nothing left to prop up the economy once it falls back into recession, the bull market is almost done, 3rd longest in history and all because of the fed, it has nothing to do with real organic growth, gdp is falling, world economies continue to their own QE and stimulus and all we have is more trillions in debt. Going to be a beautiful thing to watch the fed try and get out of the next crisis...