So, froth has just not gone away at all. What happens is there is possibly froth in some of the companies. There could be good companies, there could be companies with froth and that is a challenge when investors are investing in midcap and small cap.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend