Goldman Sachs' top equity strategist worries markets have rallied 'too far too fast,' and is predic

https://markets.businessinsider.com...quities-rose-too-fast-losses-await-1029099760

 

So have all the bears over the last month, but nobody wants to get in front of the feds printing. So while a nice little drop would certainly be nice to pick up some more cheap longer term stocks, who's brave enough to get in front of this train ? not I

 

Yes I would agree. This "bull market" is fueled by unprecedented QE.

imo, without all the monetary support, the DJIA would be below 10000, and the S&P below 1000.

 

,,Top equity strategist worries''

Lets stop right there and think for a second about that headline.

 

He could say it went down too fast too far!

 

Hard to say. Without monetary support over the past decade, equities never would have gotten as overvalued in the first place. Without near zero interest rates, companies would have had a harder time loading up on debt to buy back their stock in order to inflate P/E ratios.

 

I agree, every time they've done infusions, the stocks had been repriced in New Dollar