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re: Rick Santelli goes bonkers attacking QE and the fed
Posted on 7/15/14 at 10:19 am to goldennugget
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?
0
Posted on 7/15/14 at 10:33 am to constant cough
quote:
Which asset prices have increased? There are all sorts of assets and a lot of them have lost value.
And a lot more of them have gained, otherwise the market indices wouldn't have kept climbing. Value of 401K's, pensions. Also, housing prices and therefore equity.
This post was edited on 7/15/14 at 10:34 am
Posted on 7/15/14 at 10:43 am to udtiger
This looks like something the GOP should love although not saying it publicly. Profits up, labor costs down.
We really are in bizarro world with this administration.
Posted on 7/17/14 at 3:33 pm to Iosh
quote:
Ask a smart-arse like you why the stock market and nothing else is rising and see if they give lucid answers or dodge the questions.
My response to this question has literally zero to do with if a bubble is present.
Posted on 7/17/14 at 3:59 pm to goldennugget
quote:it stabilized the economy and ended the recession.
I would love for someone on this board to defend QE.
Are you in that weird group that thinks that misery is deserved? You'd probably think differently if you lost your job.
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