Submit an Original Article

Bogus GDP: Another Excuse for the Fed

From Econintersect Combined RSS Feed
January 30, 2013 - 8:07pm
Fedbucks Don’t Buy What They Used To; and A Few Observations, Including the Bogus GDP Report by Lee Adler, Wall Street Examiner Back in the good old days, 2003 to 2007, about $600 million in Fed balance sheet expansion would buy a 1 point increase in the S&P 500. Since 2010 the cost of one SPX point has been about $1.75 billion. SOMA and Stock Prices – Click to enlarge Read more »

Continue reading this article »

Share This Article:

Submit an Original Article

Wall Street Buzz

MOST POPULAR