A veteran strategist warned that the Fed is driving stocks into 'the mother of all melt ups,' and says the market is starting to 'look like 1999 all over again' | Markets Insider

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A veteran strategist warned that the Fed is driving stocks into 'the mother of all melt ups,' and says the market is starting to 'look like 1999 all over again'

Veteran strategist Ed Yardeni, president of Yardeni research, said stocks are starting to"look like 1999 all over again," during a CNBC interview this week.

The Fed announced last week it spent $428 million in its first round of corporate buying, as part of its $250 billion programme.

 

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It's going to be messy.

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