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Jay-P didn't have to create a Bubble. Pulling out all the stops ( Zero Rates, QE for eternity etc), for Corporate America who sold into it at record numbers and are now running with the trillions of cash.
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All the FED had to do was create normal growth. But no Jay-P wanted to look good for up coming nomination I guess? He deliberately denied any inflation existed when it was at a 40 year high at 10%+ Now we have risk of a crash.
- look at VIX now to see how nutty market is taking the drops and reacting Decent barometer of where market is and where it may turn Very rare that Vix stays really elevated for too long It has plenty of room to the downside we all know