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Politics : Formerly About Advanced Micro Devices
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To: Bilow who wrote (777487)3/31/2014 8:37:46 AM
From: RetiredNow   of 1577194
 
Bilow,
this post of yours is pure bullshit. Really. I don't even want to respond. First off, stocks are high because of the Fed has pumped unprecedented liquidity into markets through QE and ZIRP. Second, have you ever heard of chasing yield? The Fed is forcing retired folks and others to chase increased risk to get any yield at all. This is called financial repression and it most clearly has an effect on driving up stock prices, along with everything else.

Your level of ignorance is appalling.
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