The Fed's move on Thursday to a massive and open ended injection of money into the U.S. economy certainly had an impact in the short term as traders tried to assess the significance of this new QE initiative. It pushed stocks higher and bonds lower in a rather dramatic knee jerk reaction to the announcement on Thursday. How effective the plan will be over time is a matter for careful consideration. The markets had moved 8% to 12% higher - depending on the stock or the indices one looks at - over the last 6 weeks. Another percent or two was added Thursday after the Fed's new QE - an open ended bond buying program of ... (full story)