Potential Fed QE3 Informing Anti-Dollar Trades
January 27, 2012 at 10:58 AM EST
Let’s take note of two seemingly unrelated developments. The Fed is busying itself making noise about another round of quantitative easing. The intended market signal is that even with internal dissent the Fed can still push QE3 liquidity into bank balance sheets and the bond market. I think it’s funny that one stated intent is [...]