Back on April 24, I posted a compelling chart which graphically showed how various asset classes behaved with Quantitative Easing Programs. Again today, I wanted to re-visit what has happened since that post. Things have basically played out as I described. I would say moving forward that these trends will stay in tact until we hear of further interference by the fed. Until then, expect further deflation on all asset classes, and further increases in the value of the dollar and debt instruments (treasuries).
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