$SPY $SPX $DJIA $DIA The US Fed: 'debt is growing faster than the economy and that is unsustainable' Also the US Fed: 'we need to artificially lower interest rates with massive liquidity injections or markets melt down' The Fed directly caused our debt problems with reckless policy and now what little ammo they have left isn't working to stimulate the real economy. The failed US financial system requires ever increasing debt loads - aided & abetted by the Fed's policies. At least they are spotting the problem publicly - next step is admitting that the root cause is artificially low borrowing costs. Make money free and you get speculative bubbles - who knew?
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