From This Day Forward, We Will Watch How The Stock Market Performs Without The Fed’s Monetary Heroin

[Finn_Jarber]

Originally Posted by LordBalfor

The ending of QE is old news now - factored into the stock market months ago. Investors are now focused on other things (such as the election, etc) and don't really care that QE is done.

Ken

They started to end it in January, and the market has gained about 1300 points since then.

[Ponderosa]

There's plenty of global heroin available from other central banks around the world. These will keep fueling the market.

[Hoonose]

Dat's a fact Jack!

[LordBalfor]

Originally Posted by Ponderosa

There's plenty of global heroin available from other central banks around the world. These will keep fueling the market.

Apparently you're still looking for some "excuse" for why the stock market has risen so high, when the fact is, the reason is pretty simply - U.S. comanies are doing very very well. They have good balance sheets and terrific revenue. Why SHOULDN'T they stock prices be high?

Ken

[LordBalfor]

Originally Posted by Finn_Jarber

They started to end it in January, and the market has gained about 1300 points since then.

Yup.
The whole idea that the stock market was dependent upon the FED buying those bonds every month was utter nonsense from the get-go. The purchases have now stopped and the DOW & S&P are higher than ever.

Ken