The Dissonance Between the Fed and the Market

The Fed is now still in the throes of pretending that they can raise interest rates, says Julian Zelizer. "They waged a war on interest and unlike all the other wars on this one, they've actually won," he said. The yield, the interest rate available to especially retail, savers and investors has been taken away by the Federal Reserve's policy. 'That's why they never see a recession coming because it's rigged by these omnipotent central planners'