Pusillanimous Powell Channels Bernanke: “Subprime Debt Is Contained”

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As Jerome Powell channels Ben Bernanke, we ask the question – is corporate debt contained? What I find most fascinating is how quickly many dismiss the issue of corporate debt with the simple assumption of "it’s not the subprime mortgage market."

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Jerome Powell is basing his risk assessment on the assumption of a "Goldilocks Economy" that will presumably persist indefinitely. Thus, the bond market is dangerously illiquid these days. Unfortunately, while Jerome Powell may be currently channeling Ben Bernanke to keep markets.

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RIA advisors chief investment Strategist Lance Roberts 180-second summation on Fed Chief Jerome Powell’s channeling of former Fed head Ben Bernanke.

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Pusillanimous Powell Channels Bernanke: "Subprime Debt Is Contained" Dallas, Eric Johnson Is Now Your Mayor – D Magazine; 3 Things to Know in the housing market today! Durham charter schools educating, not taking students. As Jerome Powell channels Ben Bernanke, we ask the question – is corporate debt contained?