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2016-02-25

Satyajit Das: The mispricing of assets across world markets has reached epidemic proportions.

The major driver of stock prices is liquidity, in the form of zero interest rates and quantitative easing.

U.S. stock buybacks have reached 2007 levels and are running at around $500 billion annually

Satyajit Das, MarketWatch Feb 25, 2016

"We interrupt regular programming to announce that the United States of America has defaulted …" 

Satyajit Das Eurointelligence 23.07.2008

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