Relevant:
- $1 Trillion In Liquidity Is Leaving: "This Will Be The Market's First Crash-Test In 10 Years"
- Doug Noland: The Road to Normalization
- Fed Bails To No Avail Against Flood of Treasuries
- Rearranging the Deck Chairs (or: The Fed's New "Laffy TAFfy")
- Central banks pump £3 [$5] trillion into world economy
2014-10-21 — zerohedge.com
``"it's the liquidity injections, not fundamentals, which we would argue has been the major driver of markets for the past few years."''
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