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Politics : View from the Center and Left
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From: stsimon1/27/2021 10:18:55 AM
1 Recommendation

Recommended By
CentralParkRanger

   of 542464
 
So as I observe the speculative frenzy by retail traders in the stock market this morning, I wonder how long it will be before Fed Chair Powell is forced to make a statement that it is not the Fed's job to support stock market speculation that could potentially add risk to the main street economy.

I suggest that he make such a statement this afternoon before this bubble creates a financial disaster. Biden has enough on his plate without adding a 1929 style crash to the mix.
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