DislikedNo I personally don't think QE3 will come because the argument is not valid at the moment for more stimulus.
Unemployment is what's worrying them the most otherwise other key data points are pointing upwards....
From the finance Backround Id rather they come in sooner than later as China announced last week and UK is on the back end of their stimulus..We have a big cloud coming over the horizon and that is Japan...They will be in news by end of year and q12013 their cash strapped and their bond market is about ready to capitulate..The...Ignored
Seems no matter what happens there will be major problems coming our way, and even if the US is downgraded money should still flow to the USD as the safe haven currency with a global slowdown.
What are your thoughts on that? JPY & USD are the two major safe haven currencies, but with a US downgrade and a storm brewing in Japan should these two currencies remain strong in times of crisis?
ADD: I don't think other countries will dump US Treasuries too quick as they risk crashing their holdings as well. If they crash us, they crash their "IOUs"