Billionaire Seth Klarman says Fed aid 'infantilized' investors and decoupled the stock market from fundamentals
10:09am PDT - July 30th, 2020 apple stock - Business InsiderGetty Images/ Scott Olson
- The Federal Reserve's emergency relief efforts are driving a "surreal" stock rally as prices decouple from fundamentals, Seth Klarman, manager of hedge fund Baupost Group, said in a letter seen by Bloomberg.
- The S&P…