Is Federal Reserve Policy Leading a Boom or Bust Market?

The transcript discusses the Federal Reserve's zero percent interest rate policy amidst economic recovery, highlighting the lack of wage growth and widening wealth gap. It questions the effectiveness of the policy, noting corporate behaviors like mergers and buybacks that don't benefit employees. The discussion extends to global economic stimulus efforts in the US, Japan, and Europe, and the potential impact on consumer spending. The transcript concludes with expectations for future wage gains and Fed rate decisions, influenced by stock market performance.

What concerns are raised about the Fed's policies and their impact on the labor market?

Discuss the relationship between stock prices and consumer spending as mentioned in the text.