Browse Stacks: Analytics: zerohedge.com/sites/defaul...5_EOD11_1.png
zerohedge.com/sites/defaul...5_EOD11_1.png
We have priced in the rest of the Fed's balance sheet expansion to the end of the Taper... The S&P is actually around 20-25 points rich to the current levels of the Fed's balance sheet
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