says these bond purchases are not working and ultimately going to harm the market. When these guys are getting worried and voicing opposition, the rest of us probably should be too!
What do they know? You think they know more than Ben? Do they want a piece of Ben?! Ben will show them a thing or two!
Sentiment: Strong Buy
I doubt if Ben and Co. care about what Blackrock or anyone else thinks about the Fed's decisions and policies. I see such a statement in the newspaper as a signal that some have made enough $, and it's time to reverse the markets.
I blogged sinilar comment last night when I read that about Blackrock. Where were they with foresight 4 years ago? Oh wait--make the money first, then complain when it's tapped out.