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by quickthrowman
1808 days ago
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> These are the consequences of perpetually low interest rates, it has bred a rabid culture of speculation and desperation for any yield or return. If and when the Fed starts raising rates, valuation on growth stocks (and others too) will come back down to earth. 0% FFR and virtually unlimited Fed support almost do justify some of the current valuations, at this specific moment in time. The Fed could change that though. |
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