Greenspan warned of irrational exuberance, markets ignored him, dotcom mania lasted years, rallies fooled millions, crash eventually destroyed fortunes

People felt safe while the danger grew quietly beneath their feet and nobody saw it coming until it hit like a storm. If we ignore warnings again the next crash could be even uglier and hit faster than anyone dares imagine. Just to give you an idea, Alan Greenspan (Former Fed Chair) first uttered his …

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Can The Fed Fix Biden/Congress Spending Addiction? Volcker, Greenspan, Yellen, Powell All Pushed Rates Lower … Until Biden (Fed Still Ignoring Taylor Rule) Mortgage Rates Continue To Climb

by confoundedinterest17 I had a wonderful time speaking at the Passive Investors Conference last night. One question I was asked was “Why doesn’t Powell (the current Fed Chair) pull “a Volcker” to cool inflation. She was referring to former Fed Chair Paul Volcker’s sudden raising of The Fed’s target rate which resulted in a cooling …

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