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Bernanke: Will he make the markets happy?
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miko33 Away
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Bernanke: Will he make the markets happy?
http://online.wsj.com/article/SB10000872...TopStories

Keep on fueling the lost decade...
08-31-2012 09:01 AM
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Ninerfan1 Offline
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RE: Bernanke: Will he make the markets happy?
No QE3 right now for Obama.

Market giving all the early gains back.
08-31-2012 09:10 AM
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miko33 Away
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RE: Bernanke: Will he make the markets happy?
It's the right move to not pursue QE3. It's never good when the tail wags the dog. Considering the market is supposed to be a reflection of the economy as opposed to the market driving the economy - this is actually good news for the most of us.
08-31-2012 09:13 AM
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Ninerfan1 Offline
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RE: Bernanke: Will he make the markets happy?
(08-31-2012 09:13 AM)miko33 Wrote:  It's the right move to not pursue QE3. It's never good when the tail wags the dog. Considering the market is supposed to be a reflection of the economy as opposed to the market driving the economy - this is actually good news for the most of us.

I agree totally. The market is still trading about 20% under FMV.

However I don't rule out Big Ben pulling the QE3 trigger at the Fed September meeting.
08-31-2012 09:17 AM
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