Chuck E. Cheese
Registered: Mar 2012
Posts: 115 |
09-10-12 06:43 PM
Market is addicted to QE, what else is new? Spiking on mediocre job report, is that the market black mailing Ben to deliver the goods? Ben has opened the Pandora box and there is no closing without a downward spiral. Either way, it will eventually be in "correction mode". QE might shift the correction by a few months to a year, but what comes up must comes down. It's evident that there's still more can kicking down the road. "Investors" are still waiting patiently while ignoring [bad] economic signs hoping that Ben will lead them to the promise land. There's not an ultimatum for QE yet due to other issues weighting in such as US election, Federal budget, European resolution, etc...Eventually, the market will have to be refueled again and Ben must turn on the spigot or else.
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