While in the minority, some investors say prices have climbed so high it's possible to look ahead and see an ugly end. Laurence Fink, chief executive officer of BlackRock Inc., the biggest U.S. money manager, said in an interview with Bloomberg Television on Nov. 12 that he feared a bubble and the Fed ought to quit buying so many securities. "At some point we'll have to pay the price of this," said Michael Shaoul, chief executive officer of Marketfield Asset Management LLC in New York.
posted: 11/24/2013 6:57 AM
Some see bubble ahead in some stocks as result of low interest rate
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