Precariously overstretched equity valuations and the purportedly “data dependent” Federal Reserve’s insistence on raising interest rates could bring about the next market correction as soon as October, former Congressman Ron Paul said during a recent appearance on CNBC’s “Futures Now.”
The stock market’s fragility – exposed by a series of volatility events in recent months – suggests that the Fed should tread carefully. However, policymakers, it seems, are focused on bracing for the next cras...
Published on July 05, 2017 22:02