The Fed's Magic Hand Is in the Markets

The Fed is always six months a year behind where they should be. The two year knows a lot more than our government bureaucrats. They've been pretty clear that they want to create a recession right now, I think they'll succeed. In 2000, the March low, they were very clear that they wanted to send the equity markets to new highs and they wanted to create a bubble in the most speculative assets possible.

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