“QE Was A Massive Gift Intended To Boost Wealth”, Fed President Admits (Mar 2013)

Source: Zerohedge – “QE Was A Massive Gift Intended To Boost Wealth”, Fed President Admits

Notable excerpts:

With Bernanke gone, the remaining Fed members knowing full well they will be crucified, metaphorically of course (if not literally) when it all inevitably comes crashing down, are finally at liberty with their words… and the truth is bleeding out courtesy of the president of the Dallas Fed, via Bloomberg.

  • FISHER SAYS QE WAS A MASSIVE GIFT INTENDED TO BOOST WEALTH

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U.S. Stocks Rise to Records as GDP Growth Tops Estimates (Dec 2013)

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Source: Bloomberg – U.S. Stocks Rise to Records as GDP Growth Tops Estimates

Notable excerpts:

U.S. stocks rose, with the Standard & Poor’s 500 Index capping its biggest weekly gain since October, as data showing faster-than-estimated growth boosted confidence in the world’s largest economy.

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Marc Faber Warns The Fed “Will Never End Its Insane Policies” (Dec 2013)

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Source: Zero Hedge – Marc Faber Warns The Fed “Will Never End Its Insane Policies”

“The Fed will never end QE for good…” blasts Marc Faber, “they may do some cosmetic adjustments, but within a few years, [Fed] asset purchases will be substantially higher than they are today.” There will be another weakening in the US economy, Faber warns, and “the Fed will argue it hasn’t done enough and will do more… they have been irresponsible for 20 years.”

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Nobel laureate economist predicts possible US stock market bubble (Dec 2013)

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Source: RT – Nobel laureate economist predicts possible US stock market bubble

Notable excerpts:

Robert Shiller, 2013 Nobel laureate in economics, told a German magazine sharp rises in equity and property prices may signal a dangerous financial bubble, which could have an extremely bad end.

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Dow closes above 16,000 for the first time (Nov 2013)

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Source: USA Today – Dow closes above 16,000 for the first time

Notable excerpts:

In one of the most dramatic signs yet of the bull market’s strength, the Dow Jones industrial average closed above 16,000 for the first time in the much-watched average’s 117-year history.

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