The Harlot Of Wall Street: Why The Fed’s Assault On Main Street Must End, Part 4

A recent Wall Street Journal piece on the raging insanity in the auto loan market tells you why the current record 125 month business expansion is a ticking time-bomb, not a singular success that warrants the Fed doing “whatever it takes” to extend. Yet extending the current ragged expansion—the so-called mid-cycle adjustment—is exactly what they are attempting […]