Home › Forums › Housing › Jeremy Grantham calls housing a “Classic Echo Bubble” › FlyerInHi wrote:Leave aside
[quote=FlyerInHi]Leave aside the period before, the Fed acted beautifully after 2008.[/quote]
You could have said the same thing in 2005 — and many did. Until the Fed has successfully normalized policy*, it’s too early to declare victory.
* – BTW – That’s the hard part.
