Markets Gone Mad
Imagineyour doctor put you on a daily dose of oxycontin, phenobarbital and
Quaaludes for six years straight. Then he suddenly cancelled your
prescription.
Do you think your behavior might become a bit erratic?
This is what’s going
on with the stock market. It’s trying to shake off six years of
overmedication brought on by the Fed’s zero rates and liquidity
injections.
