Says former Fed governor Fisher:
&quot;We frontloaded a tremendous market rally to create a wealth effect ... The Federal Reserve is a giant weapon that has no ammunition left.&quot;<p><a href="http:&#x2F;&#x2F;globaleconomicanalysis.blogspot.com&#x2F;2016&#x2F;01&#x2F;former-dallas-fed-governor-richard.html?m=1" rel="nofollow">http:&#x2F;&#x2F;globaleconomicanalysis.blogspot.com&#x2F;2016&#x2F;01&#x2F;former-da...</a>