Seeking Alpha
  • Paulo Santos
    It's always about the QE3. CPI a bit below, and all specs go "there will be QE3".
    3/16/12
    Reply (13)
    • Josh Krause: Of course. Because it is somehow always needed. Price it in for the 15th time now.
      3/16/12
    • jdub2788: KK, no, no...the economy is roaring. that's what we're pricing in.
      3/16/12
    • Josh Krause: Can't it be both? Goldman is already saying that QE is coming in April or June. The market wants their cake and to eat it too.
      3/16/12
    • Josh Krause: Remember, bad numbers = QE, good numbers = good numbers + QE
      3/16/12
    • Josh Krause: No, if CPI comes under expectations, especially Core CPI, the market will price in QE. No matter what. Until tipping point, we price in QE
      3/16/12
    • rmw4.0: no QE3 at these levels
      3/16/12
    • Josh Krause: Tell the markets that, they don't believe it and until Big Daddy Ben pulls the punch bowl away, they will rally in the hope of more QE crack
      3/16/12
    • Paulo Santos: The market clearly reacted as expecting more QE, dollar plunged.
      3/16/12
    • Josh Krause: QE may not be in the cards, but the market is still expecting it. Bernanke will have to stop teasing with hints of LSAP at some point
      3/16/12
    • Josh Krause: Does it really matter? They will just print up the difference. They'll keep it secret and we will find out about it in 4 years after FOIA
      3/16/12
    • Paulo Santos: DaLatin, I am talking about the instant reaction, it spiked against several currencies.
      3/16/12
    • Paulo Santos: The FED didn't change, but the specs speculated ...
      3/16/12
    • Mark Humphrey: Not only do they have to continually print $ to prolong the uneasy boom, but now they have to print to hold the line on rising bond yields.
      3/16/12