How Will They Prop Up Stocks After QE? An Answer?
January 23, 2011 at 12:51 PM EST
Bernanke has told us at least a half-dozen times that the primary objective of QE is to jack up stock prices. Let’s give the man his due. It has worked. Rising equities and an improving economy are now synonymous. Daily doses of QE through POMO purchases are creating liquidity. Some of that loose money finds [...]
