Billionaire Seth Klarman says Fed aid 'infantilized' investors and decoupled the stock market from fundamentals

10:09am PDT - July 30th, 2020    apple stock - Business Insider

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  • 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…