If tapering isn't tightening.. [3] and it's about the stock not the flow... [4] then equity bulls have nothing to worry about. However, this chart suggests both of those flawed assumptions are entirely incorrect...
h/t @Not_Jim_Cramer
If tapering isn't tightening.. [3] and it's about the stock not the flow... [4] then equity bulls have nothing to worry about. However, this chart suggests both of those flawed assumptions are entirely incorrect...
h/t @Not_Jim_Cramer
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/295
[3] http://www.zerohedge.com/news/2013-09-20/bullard-admits-tapering-tightening-or-stock-dead-long-live-flow-redux
[4] http://www.zerohedge.com/news/stock-dead-long-live-flow-perpetual-qe-has-arrived
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/09/20140924_fed.jpg