"The Fed has the most freedom and the last chance to elevate asset prices, what they will be doing in our opinion is instigating another around of quantitative easing... with the hope that lower interest rates will stimulate animal spirits forcing investors to buy stocks, to buy those Procter & Gamble (PG), and Johnson & Johnson (JNJ) types of stocks, which I own by the way, that yield two, three, or five percent, and are much better than a 1.25% yielding 5-year treasury."
Source: Business Insider
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