federal reserve's wildly accommodative super low interest rates and bond buying program risk triggering the next world financial crisis the answer yes likely yes so wednesday the federal reserve wiese released its latest minutes from the june seventeenth and eighteenth open market committee meeting and the minutes show that if the economy progresses as the f o m c expects that will the final reduction of asset purchases will occur following the f.o. emcees a tuber meeting the ultra easy monetary policy being employed by major central banks around the world has created the ultimate bubble and sovereign debt that's the big story that we're running with here now the new york times writes welcome to the everything boom and quite possibly the everything bubble around the world nearly every asset classes expensive by historical standards stocks and bonds emerging markets and advanced economies urban office towers and iowa farmland you name it and it is trading at prices that are high by historical standards relative to fundamentals so what's the inverse of all this relatively low.

during the next world financial crisis the answer yes likely yes so wednesday the federal reserve wiese released its latest minutes from the june seventeenth and eighteenth open market committee meeting and the minutes show that if the economy progresses as the f o m c expects that will the final reduction of asset purchases will occur following the f.o. emcees of tobar meeting the ultra easy monetary policy being employed by major central banks around the world has created the ultimate bubble and sovereign debt that's the big story that we're running with here now the new york times writes welcome to the everything boom and quite possibly the everything bubble around the world nearly every asset classes expensive by historical standards stocks and bonds emerging markets and advanced economies urban office towers and iowa farmland you name it and it is trading at prices that are high by historical standards relative to fundamentals so what's the inverse of all this relatively low returns for investors obviously and as frustrating as the situation can be for investors looking for bigger