What happens when you remove the artificial gains due to QE 1 and 2?
What happens when you don’t cut rates like we’re doing now? What happens when the FED doesn’t pump $200 billion into the economy like they did last month-even though they aren’t calling it QE?
The markets are manipulated-period. I would love to see a graph of the markets if the rates were left alone, there was no intervention of the PPT on numerous occasions and there was QT. I doubt the markets would be making new highs-and if anyone thinks they would-well-they don’t invest ACTIVELY on a daily basis.
re: “What happens when you remove the artificial gains due to QE 1 and 2?”
That’s the 64,000 US dollar question.