much time talking about the stock market and suggesting that that is a measure of health of the economy. at some point that market, probably it s overdue for a correction, and it s going to come down. hopefully that does not, you know, it s not a bursting of the asset bubble and that that doesn t have ramifications for the economy as well too and confidence out there. paul: well, she raised the asset bubble, dan. i want to talk about that. because if you assume that some people have smart economists, as the fed was doing what mary described, it was explicitly to float asset prices, okay? that s happened. all right?ç it didn t help so much the overall economy as much as some people hoped, but asset prices are up here. as the fed normalizes, are asset prices, you know, headed for a fall, a correction? they could be headed for a correction. they could be headed for a decline. i don t think we re going to be headed for asset prices falling off the cliff because the real economy is genu
stock market and suggesting that that is a measure of health of the economy. at some point that market, probably it s overdue for a correction, and it s going to come down. hopefully that does not, you know, it s not a bursting of the asset bubble and that that doesn t have ramifications for the economy as well too and confidence out there. paul: well, she raised the asset bubble, dan. i want to talk about that. because if you assume that some people have smart economists, as the fed was doing what mary described, it was explicitly to float asset prices, okay? that s happened. all right?ç it didn t help so much the overall economy as much as some people hoped, but asset prices are up here. as the fed normalizes, are asset prices, you know, headed for a fall, a correction? they could be headed for a correction. they could be headed for a decline. i don t think we re going to be headed for asset prices falling off the cliff because the real economy is genuinely strong. and i think th