Bitcoin and Tesla Have Gotten the Fed’s Attention

(Bloomberg Opinion) — The Federal Reserve isn’t happy about the pervasive talk of asset bubbles.

Consider Tesla Inc., for instance. From my Bloomberg Opinion colleague John Authers: “The risks far outweigh the potential rewards. The more we see of such crazy behavior, the more we should prepare to take evasive action against a true investment bubble.” Or cryptocurrencies, from Scott Minerd, chief investment officer with Guggenheim Investments: “Bitcoin’s parabolic rise is…


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