Fed has printed $1.02 trillion to buy bonds since August 2012.
Fed said today that the economy is too weak so they will keep printing $85 billion/month to buy bonds.
Because the economy has been so weak, investors responded by pushing Dow Jones to an all-time high.
So weak economy = all time high stocks
Make sense to everyone?
Fed said today that the economy is too weak so they will keep printing $85 billion/month to buy bonds.
Because the economy has been so weak, investors responded by pushing Dow Jones to an all-time high.
So weak economy = all time high stocks
Make sense to everyone?