"It's almost a law of physics. If you take the capitalization of the S&P 500 and you divide it by the Fed's balance sheet, it looks like a constant."
“You have a running commentary with senator Elizabeth Warren who lately says you are afraid of her,” Larry Kudlow reminded the billionaire.
What began as a murmur of concern has morphed into a chorus as officials ask if a risk-taking binge across multiple markets foreshadows a crash.
While the broader market has held up so far, there’s an ever-present threat of a seemingly endless equity supply overwhelming precious demand.