JasonC

Monday Outlook: Ascendant Fear

There is no such thing as "destiny", and of course it can be stopped. All the Fed needs to do it turn on the FOMC and buy double digit yield debt of financial companies in the secondary market, hand over fist, for new dollars. They will make a $1 trillion profit in a matter of months.

Never starve a panic. All the populist luddite nonsense has to stop yesterday. Just intervene.