Confidence In The Fed Is Sinking Fast…(About Time!)

by Michael Shedlock via MishTalk.com,
ZeroHedge.com
Aug 28, 2016

Once-revered central bank heads failed to foresee the housing bubble and the great financial crisis that followed. As a result, faith in the Fed has plunged.

People had high confidence in Alan Greenspan for much of his tenure, but that confidence tailed off towards the end. Confidence in Ben Bernanke declined further, and confidence in Yellen is at or near record lows.

The following chart shows the shift in confidence under the last three Fed chairs.

Shift in Confidence

The Rest…HERE

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