fed has left itself an out with koenig saying all along he wasn't in agreement,......they also talked this up for 2 or 3 months getting the market to go up on the essence of a qe2 rather than a real qe2,showing reluctance,.....the tarp didnt seem to help the economy,only the market,....now the repubs took back some power and they bitch slapped benny with the tarp last time around, ....i think the election results may hinder or prevent the release of more cash into the system,,,,,,,it will remain as a plan or backstop to hold up the market while they try to come up with another plan,.....the delay forward 6 months out should signal a downmove...just thinking outloud
Divergence against the uptrend? Not in stocks, thank you very much. But if it was a divergence in line with the uptrend, then hell yes
It's all based on personal belief Ammo, right? What is the purpose of QE assuming it won't work again to kick start growth in the US?
why don't they just send everyone a check if they want growth? yeah, the banks need more money to play the yield curve. It will be interesting to watch gold here.
its been distributed to the banks,..... they are underwater with the mortgage mess,..... they are keeping the cash as there own personal loan,..... not pushing it out into the economy,....with the tarp they bought equities....,made a profit and gave money back to the fed,.....so they say,....it went into wall streets pocket....,another round of qe will likely net the same result, ....doesnt do squat for the economy,without lending ,no growth, the only jobs emerging are cheap labor in up and coming countries,....unless benny opens a direct line from the fed to the economy ,circumventing the banks, brokerage houses,qe will not help...it's like giving money to the mob to oversee the banking system