The
Fed's last gasp of air will be coming soon. Today's stock market rebound from rumours of more
QE is even more telling. Now markets will digest that possibility and move on to more prescient matters. Even when the Fed inevitably announces
QE measures, the market will fade from the pop because the "smart" money has already factored in the move and will look toward what is next (and who will support the markets going forward)...
No comments:
Post a Comment