This Is Central Planning: A “World Of Activist Central Banks” Who “Manage Price Levels In Markets”
by Tyler Durden
ZeroHedge.com
05/19/2015
The bad news is that we are investing in a world where Graham and Dodd’s “Security Analysis” has become a quaint relic of simpler times, when the nuts and bolts of a company’s fundamental were meant to motivate how analysts viewed its prospects. Now we have QE and buybacks.
The Rest…HERE
