Tag Archives: correction

Fed’s Bullard: Stock correction prevented bubble

St. Louis Fed President Jim Bullard said Thursday the silver lining of the stock market’s correction was it averted an asset bubble. Despite investor concern about the 2016 market downtown after years of strong returns, Bullard told CNBC’s “Squawk Box” that U.S. equities seem to be better priced at current levels. “If we had continued to go up at that ... Read More »