December 03, 2010

All you really need to know about the stock market

If you think that the stock market rally in the face of declining economic fundamentals seems a tad suspicious, you're not alone.  Well, Zero Hedge has a single, simple graph that explains everything:

/images/TreasuryvsSPY.jpg

There's just a small correlation between Fed monetization and the rally in stocks, now isn't there?

Posted by: Hermit Dave at 10:46 AM | No Comments | Add Comment
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