Via Jesse Colombo who adds, “The total U.S. stock market capitalization to GDP ratio (Warren Buffett’s favorite valuation indicator) shows that stocks are currently in bubble territory.”
So. We’ve reinflated the equities bubble and Bernanke (soon to be Yellen) promises to continue pumping $85,000,000,000 into that bubble each and every month, at least through the end of next year.
When this bubble pops, as it must, it’ll make 2008 look like 1986.
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