I'm Sorry, But The Fed Has Run Out Of Road

I'm Sorry, But The Fed Has Run Out Of Road  Submitted by QTR's Fringe Finance There is a special kind of denial that only financial markets can sustain. It is the quiet insistence that everything is fine because the S&P is only down about 10%, as if that number alone captures the health of an entire financial system. It is the belief that until equities are in full free fall, nothing truly serious can be happening underneath. But as we know, underneath, things are already starti...

By Tyler Durden