Aggressive Fed, Tough Sell

We know the Bernanke lead Fed is willing to be extremely aggressive. But as we saw in 2010 the hurdle is high for more Quantitative Easing. We need evidence of A) a double-dip B) a stock market correction of at least 15 or 20% and C) the real prospect of deflation. But if headline inflation is running at 4% and other central banks are tightening QE3 will be a very tough sell.

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