They had like a $35 target on EXAS when it was $20.
Life is good.
Looks to me like "the boys" are letting Yellen know they will take the market down hard if rates go up. Nothing more- rates will never go up!
I think if we get to 2020 and the market is 2500, and has not dipped under 1600, he surely will not only close the fund, he will admit he got it wrong.
If investor risk preferences shift, it will eliminate our near term concerns but we still expect 50% loss upon completion of the cycle.
He said 50% decline from 1600 couple years ago- so now if the S&P goes to 4000 and falls back to 2000, does he claim total victory?
I love GM STOCK@
From 24.60 to 35.72 plus dividend in three months! Sorry taxpayers, you get to fund this murdering company!!!