Dazed & Confused… Treasury Buying Versus Asset Valuations?
Submitted by Chris Hamilton via Econimica blog, I’m dazed & confused…economists and the consensus all acknowledge 2001 and 2007 were low interest rate, debt driven financial and economic bubbles. However, somehow today’s even lower interest rate environment resulting in an additional $9.5 trillion in equity valuation from the last bubble peak…this one is legit and isn’t a bubble??? What I’m even more confused about is who, exactly, is buying all the […]