I agree...but the fed must do QE to keep mid term rates down to keep housing somewhat stable. Take away QE and rates start to go back up, housing tanks, more job loss. No way they let that happen especially going into an election. Of course with more QE comes USD weakness and asset strength. So...the market will go up no matter how tired. You've seen this twice already. Hard to see how it would be different this time around.
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