Threshold Group Blog Where's The Beef (Part II)?

Back in 1984 the catchphrase, "Where's the Beef?" was all the rage and, today, I'm bringing it back officially. When considering how to reconcile the massive amount of liquidity infused into the global financial system with the anemic rate of growth in the world's developed economies, I cannot help but ask "where's the beef?" that would justify record low levels of volatility and stretched valuations as far as the eyes can see.