PREPARE FOR YEAR END FIREWORKS: Former Fed Official Warns! QE4 OVERDRIVE!
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This is absolutely massive. Zoltan Polzsar from Credit Suisse has suggested that we're in for a rude awakening before year end. In response, the Fed will have to engage in outright QE4. Not the QE that we're seeing right now. Not the QE that has expanded their balance sheet faster than QE1, 2, and 3. Oh no. I guess they're going much much larger. Now, the details being convoluted, are not for everyone. But if you want to see the report, definitely check it out. The financial system had essentially broke and there had been no way to reverse the damage. Zoltan acknowledges the issues (But is definitely in favor of Fed intervention) but at least we're seeing someone like this talk about he underlying issues. Expand a wild year-end into 2020 unless something changes.
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Sources Used in This Video:
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