Quote:
Originally Posted by rubicon
Hi villagesPL The fact is that we have no free market now because of the Fed's QE. the Fed simply stated have become central planners. I pray the experts are wrong but if the Fed doesn't handle the retraction of QE properly we will not only have a national problem it will have a very negative global effect.
The Fed was not designed to do what it is doing now and the only winners are the stock guys reaping over priced fees. the market highs are creating a bubble and we know what happens with bubbles
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I have no reason to believe that the Fed will not handle the retraction of "QE" properly. And I don't see any bubbles being created by market highs because industry just happens to be profitable. Market highs are well deserved in my opinion.