David Rosenberg: 86% Correlation Between Fed Balance Sheet and Stock Price Movements

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Wow – Dave Rosenberg writes today: Remember, there has been an 86% correlation between the movements in the Fed balance sheet and in the S&P 500 since the onset of QE two-years ago. Source: Breakfast With Dave Indeed, it took Bernanke one practice swing, but he got pretty good at this QE thing pretty fast…in […]

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