
"Beneath The Surface The Market Looks Terrible" | Lance Roberts & Adam Taggart
Thoughtful Money with Adam Taggart
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Speculation and Central Authorities' Intervention in the Market
The chapter explores how unprecedented intervention by central authorities has allowed the market to absorb increased levels of speculation. Discussions revolve around the impact of policies like zero interest rate policy (ZURP) on the market, alongside considerations for a potential market melt-up and the return to higher interest rates. The conversation also analyzes market corrections, valuation reversion, sentiment analysis, and the diminishing returns of quantitative easing (QE) over time.
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