Crashfrog was right, though. The pundits are now saying that real interest rates will actually go negative...which means checkmate for the financial markets. The game is up...the Fed is out of tools.
That is actually already happening in some countries.
One of the things that people don't talk about as much as they should are the reckless policies of the central banks the world over. Including our Fed. It started with Greenspan in the 80s and 90s. The result of his policies were the dot com bubble and the housing bubble and subsequent financial crisis. Wall Street was of course complicit. But their risk aversion was the result of continued intervention of the government. The Savings and Loan scandal of the 80s. The Asian currency crisis on the 90s. And finally, the financial crisis of 2008. In every instance, the government stepped in to intervene to mitigate the damage. But in most cases, nothing was done to chastise Wall Street. If anything, they were emboldened to take on more risk because they now realized that they would continuously be bailed out.
One of the things we are now seeing the world over is a rise in populism. This has many sources, but one of the big ones is that people are realizing the game is rigged in the favor of a select few wealthy folks and the elites. That is why many are voting in ways not anticipated and why establishment politicians are being rebuked.