> The Federal Reserve seems primarily focused on keeping asset prices high Pshh - the Fed is focused on hitting unemployment and inflation targets. Low yields

> The Federal Reserve seems primarily focused on keeping asset prices high Pshh - the Fed is focused on hitting unemployment and inflation targets. Low yields in the credit market shifts investment demand towards equity. The "downward pressure in the equity market" is also deflationary pressure and accompanied by a rise in unemployment. Just because the two coincide doesn't mean the Feds principal goal is high asset prices.