Tuesday, September 27, 2016 5:17:52 PM
(Peter Boockvar, chief market analyst at The Lindsey Group, agrees the Fed waited too long to hike rates and that it's setting the stage for trouble. "The Fed's running the economy. How can you not discuss the Fed? … It's a tough situation, but the Fed has immersed themselves so deeply in the economy so that any honest discussion of it has to include the Fed. They threatened their own independence by going as far overboard as they have. These institutions were never built to take on these responsibilities," he said.)
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