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BERNANKE & CO PREPARE FOR QE2

|Includes: AAPL, BAC, C, DBA, DBB, DBC, ECH, EEM, EFA, EPI, EWA, EWC, EWJ, EWM, EWY, EWZ, FXE, FXI, FXY, GLD, GOOG, GS, IEF, IWM, IYR, IYT, JPM, MDY, MS, QQQ, RSX, SMH, SPDR S&P 500 Trust ETF (SPY), TLT, WFC, XHB, XLB, XLE, XLF, XLK, XLY, XME, XRT

With his senate testimony over and with another shot at it the house Thursday, Bernanke no doubt is preparing markets for QE2 (Quantitative Easing Part 2). Trial balloons or rumors were launched yesterday noting the Fed might eliminate interest paid to banks on reserves. The idea with this is to stimulate lending. If that doesn’t do the trick in stopping a double-dip then the next sound you hear will be a massive fleet of helicopters with built-in Kinko’s.

Ben did not provide a bullish message Wednesday noting the economy is softening and even seemed....READ MORE!  

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