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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (280087)10/1/2010 9:39:37 AM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
Morgan Stanley Confirms Fed Has Rendered Fundamentals, Valuations And "Almost Everything Else" Meaningless

The Perversity of QE Creates a New Risk Dynamic

Investment decisions across many asset classes today are tantamount to an educated guess on what the Fed decides to do regarding QE. In the near-term this trumps fundamentals, valuations and almost everything else. Thus the risk in the market is man-made, not freely determined by the market. In general, this is not a good thing because it may invite greater risks in the future.

zerohedge.com



To: Les H who wrote (280087)10/1/2010 10:14:14 AM
From: Giordano BrunoRespond to of 306849
 
ISM components:•Prices Paid: 70.5 vs. Exp. 59.0 (Prev. 61.5)

QE that.
That's deflation?