Will there be a QE3 announcement next week?
invite response
2011 Aug 5, 2:37am 2,662 views 11 comments
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FortWayne
2011 Aug 5, 3:02am
must be a good time to buy IMO.
I don't think they'll announce QE3 though.
I think they will announce a limited one. It will have no effect for longer than 2-3 month.
By the end of 2011 SP500 will fall thru 1000.
uomo_senza_nome
2011 Aug 5, 6:51am
I don't think they'll announce QE3 though.
See this: they may not tell its QE3 but it will be implemented as such.
http://www.zerohedge.com/news/morgan-stanley-does-operation-twist-extolls-virtures-qe3
http://www.zerohedge.com/article/bill-gross-warning-operation-twist-coming-2-year
They could cap the interest rates on the 2-yr and 3-yr Treasury notes.
By the end of 2011 SP500 will fall thru 1000.
Why so long. SP500 dropped from 1260 to the lowest 1168 between Wednesday and Friday, only to recoup some on Friday. I think we will see SP500 in then hundreds sooner. Whatever they covered up in 2008-2009 is coming back to haunt them with larger scale.
The Fed and the market has been drinking "Clorox" to ease the credit thirst. Now, their stomach has a big hole and the "Clorox" is eating away all their guts. More "Clorox" just masks the thirst for one second and they feel the pain in their guts right after the thirst ease. Nasty.
Huntington Moneyworth III, Esq
2011 Aug 7, 8:53am
I wonder what derogatory name we'll give to Bernanke's Bucks when the damn things are so worthless we start using them for toilet paper?
Whatever the name, it must maximize the divisions within the underclass. We've done a good job breeding divisions between poor Whites and poor Coloreds. However they must be further divided. We need White blaming White and Colored fighting Colored.
Wow, nothing at all.
Dead cat jumped for only few hours.
It's getting very interesting.
Everything points to deflation, rising dollar (falling Euro), falling profits, a deep recession.
Welcome to the looong Greater Depression.
Vicente
2011 Aug 26, 1:24am
SO......
All that hand-wringing for nothing.
No QE3, and so far no drop in the stock markets.
uomo_senza_nome
2011 Aug 26, 9:19am
Give it a few more weeks.
I read on ZH that someone got a put option for $2M that BAC will be $4 by November.
Also Uncle Warren has invested in it and he'd probably have an exit plan already carved assuming Uncle Sam will also take care of BAC.
Above chart courtesy of dshort.
What do you guys think? Will the Bernank announce more QE?