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"Modest decline" of interest rates to 0 and into negative unleashed massive QE where the stock prices are tied to buy back programs and Fed purchases of corpora
by cft 6y ago
"Modest decline" of interest rates to 0 and into negative unleashed massive QE where the stock prices are tied to buy back programs and Fed purchases of corporate bonds more than to the fundamentals. I refer you to my original comment https://news.ycombinator.com/item?id=23206117 https://news.ycombinator.com/item?id=23206117
- harryh 6y agoI'm not sure why you have modest decline in quotes as that wasn't something I wrote. As you note, the decline in interest rates is quite large. Indeed the fact that in some cases it has crept under zero is quite significant.
- deleted 6y ago[deleted]