Hmm... Janet's age is 70 years, so maybe she is speaking about her lifetime?
Even so, I imagined Janet living for some years and major market corrections to occur before January 2019.
I remember the forecast from the 1988 ECONOMIST Magazine:
It is obvious the Fed is ignoring the real economic data as they focus on the markets and capital controls for a "wealth effect".
More like wealth transfer as the banks are poised to repossess many assets during a collapse - for pennies on the dollar.
Janet did surprise me when she came close to revealing the truth, she said asset prices are very close to “bubble range”.
Ha-ha, she should know, as central banks continue to pump markets up and institutional investors have no place else to park $trillions of dollars from pensions and wealth funds in search of higher yields.
The Fed plans to keep hiking interest rates despite the looming economic crisis and Negative Economic Data!
Sadly, there are no reporters allowed to ask the good questions, no the stage is set and the script is read to the masses.
Now, do you believe and trust the Federal Reserve?