The Ponzi can keep going for a while. The Fed Balance Sheet is still within 95% of its all time high.
These huge asset price moves are more a function of investor preferences and people trying to get in front of the Fed rather than there being a lot less money around. The (real) Art Market, for example, still seems quite healthy.
These huge asset price moves are more a function of investor preferences and people trying to get in front of the Fed rather than there being a lot less money around. The (real) Art Market, for example, still seems quite healthy.
https://www.federalreserve.gov/monetarypolicy/bst_recenttren...