Stocks Slammed After Fed Williams Warns “Market Rally Running On Fumes”
by Tyler Durden
ZeroHedge.com
Jun 27, 2017
While the old saying is “they don’t ring a bell at the top,” we suspect Fed vice-chair Stanley Fischer just came as close as one can without screaming “sell.”
It’s getting clearer that Fed officials are getting concerned about where asset markets are going.
*FISCHER: ‘NOTABLE UPTICK IN RISK APPETITES’ IN ASSET MARKETS
*FISCHER: EQUITY P/E RATIOS ARE NEAR TOP OF HISTORICAL LEVELS
*FISCHER: HIGH ASSET PRICES MAY LEAD TO FUTURE STABILITY RISKS
*FED’S FISCHER SAYS CORPORATE SECTOR ‘NOTABLY LEVERAGED’
Don’t fight The Fed…
The Rest…HERE
