cross currents
October 16, 2010 at 12:18 PM EDT
I wasn’t sure whether to send this, as it reveals my lack of clarity on current events, but decided to send it to make the point. Here’s what I see: Markets are already discounting a large QE and are also discounting that QE actually makes a difference: The dollar went down Gold went up Commodities went up Interest rates fell Stocks went [...]