Maybe it's not just QE that explains the two-year stock market rally. Eddy Elfenbein notes that...
Maybe it's not just QE that explains the two-year stock market rally. Eddy Elfenbein notes that S&P earnings for 2010 far exceeded expectations: "The S&P 500 earned $83.78 for 2010... [which] would have been considered insanely bullish a few months ago."
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