Saturday, June 22, 2013

The Omnipotent Fed Meme is Back

In Barron's

"[F]or the past year, they've been making the case for U.S. equities, but do so now with increased vigor and an interesting take on the news. [...] '[N]ot fighting the Fed has been a successful investment strategy.'"
The omnipotent Fed meme is back. Remind me why we ever have bear markets?

No comments: