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" ... All of the above ably exposes why so much of what’s said about the Federal Reserve is incorrect. It’s said that the Fed’s quantitative easing (QE) programs have artificially propped up the stock market, but the very notion is contradictory. Failure is once again the driver of market rallies – and economic booms – simply because it’s the market corrections and economic recessions that force precious capital to its highest uses. Forget that eleven QE doses from the BOJ never authored a market boom in Japan, forget that for $4 trillion (the expansion of the Fed’s balance sheet that allegedly found its way into stocks) to enter any market $4 million must exit at the same time, the greater flaw in the popular theory that says the Fed authored a stock-market rally is that it ignores why economies (and stocks) move upward in the first place. It’s the recessions and corrections that drive the booms and rallies. ... "
" ... JPMorgan Chase, March quarter, ably grew its loan portfolio by 5%, year-over-year, while credit card sales rose 10%. ... "
" ... Matip is the player who, in ideal circumstances, challenges Gomez for that spot alongside Van Dijk. He does so ably, and is arguably better than the Englishman at times, but himself suffers from injury troubles and picked up another problem in the most recent game against Spurs, which could rule him out for weeks. ... "
" ... She’s more than ably backed up, too, by some superbly staged fight and action scenes, including an epic, single take-emulating scrap on a stairwell that out-Bourne’s even the best Jason Bourne moments. ... "
" ... That it is ably exposes how unwise is this go-to phrase for the perpetually sour. “Easy money”? Implicit there is that the Fed, for being the Fed, can with its funds rate and the printing press magically create resource abundance, including human resource abundance. The next thing you know the puritans will be telling us the Fed can multiply time too. Then the U.S. economy will really be frothy. Don’t worry, the argument gets even sillier. ... "