Pimco and Blackrock say QE3 on the way....

QE3 will happen, must happen. No more funny money into the system and the tent folds up, market drops 20% from here and unemployment hits 12-15% by years end. They may call it something else, but the presses will continue to print, and print, and print some more.
 
QE3 will happen, 2012 is a election year, the Fed always supports the incumbent guy. I expect there to be some announcement in Sept.
 
Quote from Visaria:

QE3 will happen, 2012 is a election year, the Fed always supports the incumbent guy. I expect there to be some announcement in Sept.

Juan Peron reincarnate aka Obama is alive and well.
 
Quote from intradaybill:
Sure...but with what specifically?

I would be interested to hear your counter-arguments on my specific points.
Sure thing, would be happy to discuss, but a bit later, if OK... A bit of a crazy day here at the moment.
 
Quote from zdreg:

u should be use to it. ET is full of people who are in nether land most of the time.

In the crazy house, quite often they meet and one retard looks at the other and they both agree than everybody else outside is crazy.
 
Quote from SteveNYC:

It's all a balancing act. If you drain excess money in timely manner, then ok. Need QE3 to keep confidence up and buy time until the economy reaches escape velocity.

you are only 16 years old and already you are writing like a left wing economics professor.
not bad.
 
Quote from zdreg:

you are only 16 years old and already you are writing like a left wing economics professor.
not bad.

I wish I was 16. :D

Do you listen to Mark Levin?

Have you read these books?

Liberty and Tyranny: A Conservative Manifesto

Rescuing Sprite

Men In Black

The Great American Awakening

Right Angle
 
Quote from SteveNYC:

Have you read these books?

He has no time to read books. His job is to defend German policies of economic manslaughter and to attack opponents in forums.
 
S&P down 40 points on the day. Currently, 30 points down. VIX made new long term high's today, nearly broke 30.. Red across the board. The kicker - gold. Only down 10 bucks. Gold has decoupled. Gold now acts like a reserve currency. The market has *yet* to recognize silver as currency. Silver down almost 4 dollars today.. Ripe for bottom picking once we find a bottom! Brent crude down 6 bucks..

Tomorrows NFP better print better than expected....
 
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