Anti-Fed Revulsion, And A Plunge In The S&P To 450

Looking at the present financial situation from a historical, social perspective, indicates (based on history) that there will be a severe blowback from the QE program.  But unlike other examples provided in the below analysis (such as WW2 spending) QE is nearly completely artificial.  During WW2 spending was driven by manufacturing and war logistics.  QE […]

Fed’s Bill Dudley: The Fed Doesn’t Fully Understand How QE Works

The Fed’s Bill Dudley admitted what many of us already suspected.  The Fed has no clue how QE would affect the markets.  Such a statement from a high level Fed official is unusual, and a very telling sign. From Zero Hedge: Well, it took three years, but finally the Goldman Sachs-based head of the New […]

Fed Gets Bigger in Markets as QE Prompts New Tools

By Caroline Salas Gage and Liz Capo McCormick – Oct 14, 2013 The Federal Reserve is getting more involved in debt markets as it tries to compensate for the impact of its almost $4 trillion balance sheet on short-term interest rates. Policy makers are testing a new tool intended to improve their control of near-term […]

The End of QE – What Ben Bernanke Is Really Saying

Jul 22, 2013 – 06:27 PM GMT By: Raul_I_Meijer Ever wonder what Bernanke is saying? Well, it boils down to this: at the same time that Jimmy Carter says the US doesn’t have a functioning democracy, Ben Bernanke says the US doesn’t have a functioning economy. Unfortunately, people understand what Carter says, though they may not agree […]