Quote:
Originally Posted by Irishmen
I see some good valuation metrics out there. We're real close to stepping off the curb for some good buys.
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I hope you're right. It seems to me however, that the stock market gains of the past few years are largely correlated with the increase in the Fed's balance sheet ...ie printing money (metaphorically speaking) by the various QE programs.
Corrections, when they come, seem to be largely a matter of panic at the prospect of the Fed stopping with the free money from what I can see.