I think I can summarize David Stockman’s lengthy and interesting post in one sentence, just eight words: why the heck is the stock market rising? I’ll also answer it. It’s the only game in town. Or, said another way, blame the Fed.
I think I can summarize David Stockman’s lengthy and interesting post in one sentence, just eight words: why the heck is the stock market rising? I’ll also answer it. It’s the only game in town. Or, said another way, blame the Fed.