Hot markets are circling the doom-loop toilet bowl
BY DAVID HAGGITH And that doesn’t exactly lead to a tunnel of light. Photo by Pat Whelen on Unsplash Markets are in a doom loop and don’t know it because they don’t want to know it. Another voice chimes in today about Powell’s big blunder as Bill Bonner scoffs at investor mania and Fed miscommunication and market misinterpretation: …