The Fed isn’t heeding the bond market’s message

Bloomberg/Opinion/Komal Sri-Kumar/9-18-2018

“Bad central bank policies were a factor in the collapse in global markets a decade ago. A coordinated tightening of monetary policy in the U.S. and Europe could have similar implications for equity and bond investors today.”

USAGOLD note:  Ill-timed Fed tightening ignited the crash of 1929 and the crash of 2008, along with a few other panics in between.

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