re: Rick Santelli goes bonkers attacking QE and the fed

quote:

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Substantiate please, including a way to prove/falsify.

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You have the burden of proof wrong. I've not heard any satisfactory fundamentals explaining the stock market rise beyond bare Fed manipulation. Every other indicator of economic health is flat or slightly negative. GDP sucks, M2 velocity sucks, the price indices suck, housing starts have "risen" to half their historical average. The employment rate is a result of us basically just waiting the long-term unemployed out of the labor force and is barely absorbing new workers now, as you can see by observing that the civilian labor force has been flat for seven years.

I think Santelli is an idiot and I don't give a shite about inflation right now. But even a broken clock is right twice a day and even an idiot can see that this "recovery" is hollow as shite.