WHALEN: 'The Fed Is Creating ANOTHER Housing Bubble'

From The Daily Bail
February 2, 2013 - 3:28am

Deja Popped. 'Bernanke is just making it up as he goes along.  The Fed is acting more like the Marx Brothers than serious regulators.  The Fed and the Treasury are the biggest source of systemic risks in the market today, creating another bubble in housing and perhaps also in stocks." Lauren Lyster with Chirs Whalen on Tech Ticker last Friday. --- Tech Ticker Federal Reserve Policymakers Are Acting Like “Real Life Marx Brothers” The Federal Reserve’s balance sheet now tops $3 trillion, a new record.  The Fed has increased its purchases of Treasuries and mortgage-backed securities as part of its so-called quantitative easing strategy to revitalize the economy.  “Three trillion is not a lot of money today… because the financial markets are so big,” says Chris Whalen.  (The face value of the global derivatives mar...

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