The Daily Ticker sat down with director Jim Bruce, who interviewed many Fed officials – past and present – for his new documentary “Money for Nothing: Inside the Federal Reserve”. Bruce says he is worried that the Fed is too complacent with present risks from QE just as they were about the housing and credit crisis building in 2006.Here is a direct video link.
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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Danielle’s Book
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