Tag: bubble

(8 April 2021) If the Fed has its way, the party may never end.  US stocks cruised to a new record high today as the Federal Reserve again reassured investors that its easy-money policies would remain in place for the foreseeable future.  Stock indexes have nearly doubled from their Covid lockdown lows in March 2020 as the Fed's QE asset purchases has successfully enticed capital into riskier instruments like stocks in an effort to stimulate economic growth. While the gains have been impressive over the past 12 months, some...