James Altucher is really really bullish on 2012. He notes the effects of QE normally take 6-18 months to be felt (the last dollar was printed six months ago), and reckons that if the S&P were to return to normalized PE ratios, indexes could more than double given today's non-existent yields.
James Altucher is really really bullish on 2012. He notes the effects of QE normally take 6-18...
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