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News Link • Federal Reserve

The Fed's Presence In The Markets Is Pretty Clear

• Business Insider
 Much has been attributed to the recent burst of optimism in the financial markets from:

1) Better than expected earnings - not counting the fact that expectations had been dramatically lowered over the last quarter. If you lower the bar enough you will get better results. However, if expectations levels had remained where they were previously every single report would have missed so far.

2) Stronger economic growth ahead - expectations are once again, as we have seen over the last 3 years, that the economy will grow at 3% or better in the coming year.

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