As we said yesterday, the central bank enablers have fostered madness at both ends of the Acela Corridor, and it’s an especially virulent kind of madness because it is two-pronged: The Fed’s torrent of bond-buying and liquidity has unleashed Wall Street speculators and Washington’s free stuff dispensers alike–and like never before. The stock market has […]
Madness On Both Ends Of The Acela Corridor