Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?
MishTalk
AUGUST 7, 2013
Advertisers. “Investors rush to get on the train even as it accelerates. So refraining from any forecast of what will happen in the near term, it’s sufficient to observe that the economic data is not nearly as strong as widely perceived, and the impact of QE on stock prices does nothing to improve the underlying cash flows.
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