Friday, October 31, 2014

Jeff Cox — Markets are still addicted to money printing


Rational expectations?
Friday's stock surge provides yet another reminder that when it comes to moving the market, there's nothing like a little old-fashioned money printing. 
What waits on the other side—asset bubbles, inflation, the prospects for still greater wealth disparity—remains, of course, an issue for another day. 
The important thing is that the market wants what the market wants…
CNBC NetNet
Markets are still addicted to money printing
Jeff Cox | Finance Editor

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