You must be living in La La land if you believe all that. These...

You must be living in La La land if you believe all that. These are desperate times. As far as the fed is concerned, there are only 3 things that matter:

1) keeping Biden in,
2) keeping Trump out, and
3) keeping the government from going broke.

The problem is they keep changing their mind on how to achieve these things.

I think what has happened is Biden has balked at the GFC idea. So they giving the market crash idea a go. If Yellen can sell all the bonds on offer at the next auction they will be happy and can ease off. If not, they will have to do the GFC banking crisis anyway. (Read my previous posts, if this makes no sense to you.)