ASTUCIA Y ARTIMAÑAS PELIGROSAS DE LA RESERVA FEDERAL. BOLSAS
El presidente de la Reserva Federal de St. Louis, James Bullard, afirmó ayer en una entrevista concedida a CNBC que no observa signos de excesos de valoración en los mercados, no existe burbuja alguna, aunque quizá en el sector tecnológico existe sobrevaloración aunque estaría justificado por la marcha de sus negocios. “The biggest thing in equities is really these tech firms and how high are you going to value these guys,” “They’ve got great technology, they’ve got great revenues, business models [where] the sky is the limit. So, where investors want to value those is really driving a big chunk of the market.” “I’m not really sure you want to call that part a bubble,” “That’s just normal investing, trying to get your head around what those companies are really worth.” «the Fed is monitoring very closely to see if this does get out of control.” “Let’s be clear. Wall Street thinks the U.S. economy might grow faster than China this year” with a “roaring U.S. economy fueled by fiscal stimulus and monetary policy.” Preguntado entonces por la necesidad de mantener el programa QE de 120.000 millones de dólares al mes, por el comienzo de la desescalada del balance y
