Operation Twist is in da house!
Don't know about you, but this move to temporary strenghten the greenbag (while cirlulatng some $400B through the markets) smells too much of another QE3 just round the corner... just the ground works to soften the impact later on, so to say.
If the next 2-3 unemployment reports don't show some change in the labor market situation in the US (which they will likely not show), then behold for yet another Rise of the planet of the Printing Press
Don't know about you, but this move to temporary strenghten the greenbag (while cirlulatng some $400B through the markets) smells too much of another QE3 just round the corner... just the ground works to soften the impact later on, so to say.
If the next 2-3 unemployment reports don't show some change in the labor market situation in the US (which they will likely not show), then behold for yet another Rise of the planet of the Printing Press