(1) Bernanke takes credit for the bull. (2) Bernanke’s Put. (3) QE and LDR (law of diminishing returns). (4) Inflationary expectations driving stock prices. (5) Fixing or postponing fiscal cliff problem would be bullish. (6) How does QE boost stock prices? (7) Retail stock investors have been MIA. (8) So have pension funds and foreign investors. (9) Fed’s policies have caused a bond buying panic. (10) Corporations have raised lots of money in the bond market and repurchased shares.
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