.... so..... where the hell r we now?
Why QE3 Will Not Happen
With Friday's disappointing jobs number, the price action of stocks and precious metals, and chairman Bernanke's job security dependent on the reelection of President Obama, almost the entire investment community expects the Fed to announce a third round of quantitative easing. However, in all likelihood, bullish investors will be disappointed. Outside of the conspiratorial bent of the corruption over reality driving central bank action, there is no real reason to do more asset purchases. For why this is the case, I have broken down, the primary economic reasons why the Fed will not add more QE in the list below. 1. ... (full story)