Friday, June 19, 2015

Ron Paul Warns Stock Market and Bond Market 'Day of Reckoning'

"I am utterly amazed at how the Federal Reserve can play havoc with the market,"  Ron Paul said on CNBC's "Futures Now," this morning. "I look at it as being very unstable."

In Dr. Paul's eyes, "the fallacy of economic planning" has created such a "horrendous bubble" in the bond market that it's only a matter of time before the bottom falls out. And when it does, it will lead to "stock market chaos."

1 comment:

  1. It's a 65 year Austrian Bubble. There hasn't been a meaningful correction since 1929.