Drew
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The Fed and The Bear Market Rally

In what’s starting to sound like a broken record, the Fed still refuses to budge on interest rates. They were keeping them near zero. It feels like the unemployment will have to drop to nothing and people will have to personally stop by Janet Yellens house to tell them they are doing well before she agrees to make any big moves. (Ed Note: Do not do that. Janet would probably have you arrested.)


As an incorrigible, relentless optimist, I see this as a buying opportunity. Sure, China might be built on a house of cards, and the labor numbers might not be exactly where we want them. Any number of things could go wrong, and probably will at some point. But for now the fed continues to give out free money, and it seems to me like the smart people will use that to grow their companies. You think the smart people at Google (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN) aren't salivating at the thought of interest free money?