
Barry Ritholtz's Masters in Business: Bill Miller Interview
Masters in Business
00:00
What's the Price You Pay for Performance?
This rally is all driven by the Fed. It's low interest rates. Nothing else is, is driving this market. The only time that we saw money going into stocks was in 2013 during the so-called taper tantrum,. And that's the only time that money has gone out of bond funds and into stocks because people were losing money in bonds for the first time.
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