oftwominds-Charles Hugh Smith: The Fed Has Created a Monster Bubble It Can No Longer Control

The Fed Has Created a Monster Bubble It Can No Longer Control:

Advances that recently took years now take months. The 700 point advance that required 4.5 years back in the previous bubble of 2003-2007 now required only 4.5 months. The next iteration is 700 points in 4.5 weeks, then in 4.5 days, and then the oblivion of collapse.