Richard Fisher

Fisher: It's Way Too Premature To Think About Another QE

Dallas Federal Reserve President Richard Fisher spoke with FOX Business Network’s (FBN) David Asman about the recent market activity. Fisher said, “it’s way too premature to talk about another QE [Quantitative Easing] because the market is actually doing the work.” Fisher went on to say, “A market correction doesn’t mean the economy is in trouble” and that “As we’ve been saying for a long time, we’ve already fed the market too much Ritalin.”

Fisher: It's Way Too Premature To Think About Another QE

Richard Fisher on whether he is worried about a new Quantitative Easing because of what’s happening in the economy:

“It’s much too early to even think about another Quantitative Easing. As we’ve been saying for a long time, we’ve already fed the market too much Ritalin. And now with the tapering the market is correcting itself without the fed involvement.  It’s way too premature to talk about another QE because the market is actually doing the work.”

Richard Fisher on a market correction:

“A market correction doesn’t mean the economy is in trouble. Without mentioning any companies in particular, prices are getting more rational and some very good companies are even being mispriced to the down side. A market correction does not mean the economy is in trouble.”

Richard Fisher on monetary policy:

“The bottom line is there is a limit to what monetary policy can do. And most central bankers say whether it’s me or Janet Yellen…we don’t need more monetary stimulus.”

LEAVE A COMMENT


Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Welcome in the new year by signing up up for ValueWalkPremium today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 1/31/2019 or after next 30 23 subscribers take advantage whichever comes first – please do not share this discount with others

 

0