Janet In The Skybox With Bubbles

A Fox Business reporter was actually doing his job yesterday and persisted in asking Yellen about the stock market bubble as represented by the DOW 20,000 madness and whether "irrational exuberance" had finally made another appearance. Not surprisingly, Yellen proved once again that she is clueless about what happens when the central bank floods the casino with free carry trade money year after year.
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