The Fed’s delicate balancing act over liquidity
Optimism and greed complicate the central bank’s decisions during market disruptions
Optimism and greed complicate the central bank’s decisions during market disruptions

This is starting to look like a central bank appeasing its political masters

More on why the central bank’s balance sheet is likely to grow again, and soon

But it relies on a host of rosy assumptions going in investors’ favour

Instant ability to trade tempts many to make bad decisions

And the prospects for a Hassett-led Fed

The market’s calm in the face of war is beginning to crack