Should investors thank the economy or the Federal Reserve for driving the Standard & Poor's 500 index stock to a new high last week? "This massive quantitative easing is clearly driving up stock prices," Englund says, adding that most economists, who rarely agree on anything, share this opinion.
http://blog.sfgate.com/pender/2013/03/31/are-stock-prices-real-or-fed-fabricated/
http://blog.sfgate.com/pender/2013/03/31/are-stock-prices-real-or-fed-fabricated/
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