Why QE3 is Just Delaying the Inevitable

Markets were overjoyed by the announcement of a third quantitative easing program that was announced yesterday . Fed Chairman Ben Bernanke revealed plans for an open-ended QE that will purchase $40 billion in MBS every month until the Fed is satisfied with the economy. Nearly every major benchmark hit a post-recession high along with strong performances from big name commodities like gold and oil [for more economic news subscribe to our free newsletter ]. See the full story here → Related Posts: What Are the Most Popular Commodity ETFs? Top 100 Options Trading Blogs Roubini Bets On QE3 Four Insanely Bold Predictions About the Commodity Industry Will a Euro Collapse Wreck Your Commodities Allocation?