As we noted earlier, The Fed’s actions this morning mean “free markets are dead.” Guggenheim’s Scott Minerd summed up exactly what The Fed has done with its actions today: “The Fed has made it clear that it will not tolerate prudent and responsible investing.”
The Fed just went full Leeroy Jenkins…
https://www.zerohedge.com/markets/stocks-gold-surge-fed-announces-end-capital-markets-we-know-them
