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Edward Chancellor – Interest, Capitalism, & The Curse of Easy Money | #437

The Meb Faber Show - Better Investing

CHAPTER

The Fed Model for Valuing the Stock Market

People were justifying, particularly in the us, high stock value tons because interest rates were low. The thing is that you'rl, wea thers tin called the fed model for valuing thi stok market. We didn't formally pay any attention to the bond yields. But over the long run, we don't find stable relationship between bonyields and ernes e had said,. sometimes that sort of er stable.

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