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Bill Fleckenstein: The Bond Market Is Taking Away The Fed's Printing Press

Wealthion - Be Financially Resilient

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The Fed's Choice to Keep Rates High or Strangle Liquidity

Nouriel Rubini says central bankers have two choices high crates or keep them higher strangle liquidity and watch as various banks and companies drop like flies. The only possible outcome is a hard landing the fantasy of a soft landing sold by mending the corporate media for the past year is being abandoned, he writes. Nouriel: I think we're going to get a softish labor report so that'll give the Fed the latitude to try to say well maybe we've done enough for now right? If you could go back in history and find the exact same set of variables which of course you can't it would be one hell of a lot lower than today's stock market if there wasn

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