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The Fed is no longer looking for data to justify further easing, says CNBC's John Carney. That...

The Fed is no longer looking for data to justify further easing, says CNBC's John Carney. That was the story last spring, and its the same now. All the Fed is doing now is checking the data to see if it undermines the already established case for further monetary accommodation. Grudgingly, he admits, Wall Street may be right, we can expect a new round of quantitative easing come this Thursday.
Comments (2)
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    Sweet. Should i throw on a quick oil short for the, ooooooooooooohh, SPR release threat? Or, just wait for the hit, then back the truck up for the run to 150? My trucks full, might want to top off before gas hits 5$.

     

    Gold is having a party on the launchpad already...
    11 Sep 2012, 07:09 PM Reply Like
  • jerrycalpha
    , contributor
    Comments (59) | Send Message
     
    Right - qe3 with the S&P up better than 15% for the year already. If they did, it could be a sell the news event.
    11 Sep 2012, 08:22 PM Reply Like
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