Maybe I Shoulda Been a Glib Macro Guy
One thing is for certain, if you asked the hedge funds what is the one reason why this market goes higher, they are going to say "the Fed."
And therein lies the real problem of this market. You either hate the Fed and think its bond-buying program is illegitimate and you are therefore betting against stocks all the time. Or you fear that the data will one day be so good that the Fed will stop its program....597 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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