2min chapter

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#4: Bill Fleckenstein on Central Banks, Financial Bubbles and White Burgundy

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Fed and the Stock Market

The Fed has once again shown that their policies didn't lead to a self-restating recovery. Here they are having to rescue the stock market again. I don't know if that... The next version of that's going to sober people up, but it'll be that in conjunction with something else. If their policies worked, Trump wouldn't be president.

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