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Biderman on Markets: Zero Interest Rates Creating Lemmings Heading Towards The Inevitable

For as long as both the European, UK, and Japanese central banks keep printing money the global stock market rally will continue. For as long as the rally keeps going, more and more money will flow into Exchange Traded Funds that passively invest in all the major market indices.

However, when the global central banks stop printing money and thereby cease creating asset price inflation; the resulting plunge in stocks will look very similar to lemmings going over the cliff. Read more from Charles Biderman.
Biderman on Markets: Zero Interest Rates Creating Lemmings Heading Towards The Inevitable

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