From Birch Gold Group
We are already aware of Federal Reserve Chairman Jerome Powell’s stance on rates and inflation (at least for the immediate future).
That loose monetary policy has the potential to inflate a big asset bubble on its own. But that isn’t the only Fed policy that could be (at least indirectly) wreaking havoc on the economy.
The first Fed stimulus was issued in March 2020 to prop up the economy in the midst of the pandemic. A second stimulus was issued in January 2021. Both seem to have set the stage to turn the markets into an overvalued “casino,” and here’s why…
Continue reading “Today’s Stock Market is a Casino Powered by Easy Money and Boredom”
