BUBBLEORNOT

Have the world's central banks recklessly inflated a gigantic financial bubble with fiat currencies, plunge protection teams, ZIRP, NIRP, and QE?

No, Ms. Yellen, very high PE ratios are not "normal" when interest rates are low.

Federal Reserve Chairperson Janet Yellen was recently asked if she was comfortable with the Dow approaching 20,000. She replied "Rates...

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