Quote:
Originally Posted by pwd72s
Very good question Tabs. My answer is that I dunno... It must go a bit beyond because interest rates are low, so people have nowhere but equities to pour money into.
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Yes it is the only game in town...but it is the FED guarantee that opens the door and allows it to happen.
The guarantee is that they will do what it takes to keep the economy afloat. Cut rates print money.
Everything else is just meaning less noise. A blip on the screen.