why would you want the fed chair to lie? Do you want an over-inflated market at all times? This near-decade long bull wrong needs to come to an end sooner or later. Might as well prepare and be able to capitalize when it finally does correct at a more serious level
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In the first sentence of my comment I was trying to be ironic. Actually I think Powell and his ilk actually believe their own propaganda. Its a case of the blind leading the blind.