Are we going to go the way of Japan? Where their central bank buys up every dollar of gov't issued debt and has amassed an almost 100 billion dollar stock portfolio buying etf's. Not to mention btfd on an average of once every three days.
Enter next recession with zero rates and a four trillion dollar fed balance sheet and it certainly looks like we'll follow the Japanese lunacy. Can anyone see old yeller doing anything else?
Enter next recession with zero rates and a four trillion dollar fed balance sheet and it certainly looks like we'll follow the Japanese lunacy. Can anyone see old yeller doing anything else?
Last edited: