PIMCO Lashes Out At “Flip-Flopping” Fed: ‘Stop Focusing On The Stock Market’
by Tyler Durden
ZeroHedge.com
Jul 12, 2016
We truly live in interesting times: what was once tinfoil conspiracy theory, namely that the Fed is entirely focused on propping up the stock market, has become not only mainstream thought, but overnight in a scathing essay by prominent PIMCO economists, including Mihir Worah, PIMCO blasted the Fed for constantly “flip-flopping”, and telling Janet Yellen that “the Fed should focus on rising wages, not the stock market.”
The Rest…HERE
