The Fed Has Euthanized The Rentiers—And All The Capital Markets, Too

As we noted earlier,  The Fed’s actions this morning mean “free markets are dead.” Guggenheim’s Scott Minerd summed up exactly what The Fed has done with its actions today: “The Fed has made it clear that it will not tolerate prudent and responsible investing.”

The Fed just went full Leeroy Jenkins…

 

 

 

 

 

https://www.zerohedge.com/markets/stocks-gold-surge-fed-announces-end-capital-markets-we-know-them