QE driving stocks to most expensive level ever
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by Chris Becker
As market watchers fret over every word and detail uttered by the central bank oligarchs in Jackson Hole, Wyoming tonight, it bears (sic) remembering where stock valuations have been driven to due to the largesse of QE.
While the bond market bubble pushes to greater heights – so high that we’re running out of bonds to buy – can the same be said for stocks?
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