One would think Fed officials would have the common sense to not trade in stocks at a time when the Fed’s heavy hand dominates the capital markets.

Fundamentals have mattered little since April 2020 as a result of the Fed’s ultra-dovish monetary policy. Yet as reported by the Wall Street Journal certain Fed officials engaged in equity trades at a time when the Fed was actively moving markets by inflating the money supply to support the markets through a combination of QE, a zero Fed Funds Rate, purchasing equities (through BlackRock) and lending capital to companies such as Apple. Read the WSJ article HERE.

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