Economists at the World Economic Summit in Davos, Switzerland today suggested that with such aggressive interest rates cuts, the Fed risks igniting more bubbles. What asset class will be next? You don't have to believe me. Believe them!
Here is the article on Bloomberg:
Fed Risks Fueling More Bubbles, Davos Economists Say
Wednesday, January 23, 2008
Davos Economists: More Fed-Created Bubbles
