Markets closed bloody today. The "academics" are running out of ideas. Bush stimulus, fail. Obama stimulus, fail. QE1, fail. QE2, epic fail (9 months of gains lost in <1 month). The new scheme by the FED will fail miserably as well. Who actually believe investors will let the US borrow at 3% 30 years from now? lol
http://www.bloomberg.com/news/2011-09-21/fed-to-shift-treasury-holdings-to-longer-term-securities-in-stimulus-step.html
No comments:
Post a Comment