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re: Rick Santelli goes bonkers attacking QE and the fed
Posted on 7/15/14 at 10:17 am to 90proofprofessional
Posted on 7/15/14 at 10:17 am to 90proofprofessional
quote:
Seriously, how can we test if this is a bubble? What part of the economy is inflated? All of it? The stock market only? Any particular sectors? What level should they be at? When QE ends, does the bubble pop? And what does that mean- will the stock market return to where it was at the beginning of QE1?
Just look at how the stock market reacts each time QE possibly being ended or reduced is mentioned.
1
Posted on 7/15/14 at 10:19 am to goldennugget
quote:
look at how the stock market reacts each time QE possibly being ended or reduced is mentioned.
Great point. As the markets know, QE has tapered by more than half, and will end by October. How have they responded?
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