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This headline is poor. Here's my attempt at better: "Is the Fed artificially propping up demand and prices for equities?"
by dreyfiz 17y ago
This headline is poor. Here's my attempt at better: "Is the Fed artificially propping up demand and prices for equities?"
- lionhearted 17y agoAgreed. I almost didn't read the piece because of the headline, but it's an interesting one and worth at least a skim to most people.
- chasingsparks 17y agoAlternatively, http://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets http://en.wikipedia.org/wiki/Working_Group_on_Financial_Mark... I've never been very convinced on the alleged pervasiveness of the PPT. It seems like a convenient catch-all in most cases (i.e. misattribution of an error term.) That being said, the after-hours returns are a bit unnerving.