http://www.cnbc.com/id/102141123 Has to stop somewhere ....anything to prop up a global economy and they will do it....just like an addict these markets need more and more...
Very interesting thought from Abigail Doolittle, Worrywarts, though, have been shunted into the shadows in the way they almost always are when the market is ripping higher. Peak Theories Research founder Abigail Doolittle on Friday expressed the frustrations of those worried about unbridled easing. "Are the central banks going to blow up the world in an effort to save it?" she said in an analysis. "The charts that would keep me up at night if I worked at the Federal Reserve are not those of the equity or commodity markets but of the currency markets. ... The currency market charts are so tightly wound that when the unnatural compression unwinds at some point as it will, unless Newton's Third Law is somehow defied, (it) is likely to be nothing short of devastating to risk assets right across the board." "Clearly the motivation for investors is greed in the context of seeing how beneficial all of this liquidity has been to the risk assets for nearly six years," she wrote, "but at some point, you have to think that some shade of the deflationary reality moves in and causes investors to back away from the edge of the risk continuum." While Doolittle thinks that investor appetite for a QE-led market will wane at some point. that's clearly not the case now.