“They are at least $75 billion per month overvalued that the fed is pumping in to the market every month. Let the good times roll until they don’t. Then bail the whole lot out after the crash.”
How many times do we need to go over this?
They are buying Treasuries and Mortgage-backed securities, NONE of it goes to the stock market.
The stock market rise has been fueled by two things:
Corporate profits in general continue to rise
P/E multiples have expanded back to historical norms from SEVERELY undervalued levels following the 2008 financial panic.
CAN I MAKE THIS ANY SIMPLER for the dis-believers?
There won’t be anything to bail them out with after the crash hits the fan.
These posters think Henry Blodget, a convicted fraud, is a reliable source of market analysis.
I somewhat agree with what you say but if the unemployment extension ends, that many out of the workforce with make UE numbers go down to maybe 6%, then the fed stops QE100 then I wonder what happens???