The Fed No Longer Cares About the Stock Market

Michael Bociurkiw: Markets don't work like this, where if you knew the news ahead of time, it's very rare that you could use that information to sort of insider trade. He says he would short the longest duration stocks and bonds; these are the high flyer, don't worry about when you pay me back companies. If money costs nothing, who cares? Just burn it! That trend reversed entirely last year after years in which financial pundit said only thing Fed cared about is stock market.