Fund Managers Say: The Fed Has Done Too Much
Investors are anxious about how the market environment might change post-election. If stocks fall, the Federal Reserve will repeat the aggressive asset purchases of March 2020, when the markets were melting down. The Fed’s ability to stoke an ever-bigger bubble in stocks has its limits though. The active fund management community seems to agree that the Fed has already caused more harm than good in its efforts to manipulate so many markets.
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