BuckToothMoron
Gold Member
- Apr 3, 2016
- 9,895
- 1,898
- 290
There's no way the Fed is indirectly influencing stock prices either
Not a chance
No, you are absolutely dead wrong. The Fed QE and ZIRP policies drove the market up to all time highs while the economy was sluggish at best. It’s called malinvestment driven by surplus cash. Now the Fed has adopted QT and is raising rates. The cash spigot has been turned off, so stock prices will recalibrate. DJIA will be at 17,000 before it is at 27,000.