More on the Federal Reserve’s semi-annual Financial Stability report

Earlier post with the headlines summary is here:

  • market participants are now telling the Federal Reserve that the Fed itself is now one of the biggest financial stability risks.

There are a myriad of risks ahead but as I’ve posted previously:

1. None of what is in the report is really new – its there sure but is a known risk

2. Markets seem numb to what are, when all is said and done, substantial risks.

When the you-know-what hits the fan there will be plenty of ‘told you so’s about the place, but they’ve been about for years now. 

Earlier post with the headlines summary is here:

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