JUN 16, 2017
ORIGINAL SOURCE: Is the Fed Repeating “The Mistake of 1937”? by BRIAN MAHER of dailyreckoning.com on 6/15/17
Just as in the crash of 1929 was similar to the 2008 crash, the Fed is trying to get back to normal but in a dangerous way that led to another deep recession.
Heres a chart going back a 100 years showing the booms and busts. 16 of the past 19 rate hikes have ended in recession 84% of the time!
Will the Fed cause another 1937-like recession… It feels eerily similar!
Please read the rest here; Is the Fed Repeating “The Mistake of 1937”?