Posted by Me on Facebook on July 11, 2014 at 06:30PM:
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Source:
http://bit.ly/1mpzqN2
Description:
First, the Fed preannounced the end to QE3 in October. From buying $85 billion per month in Treasurys and MBS, the Fed will go to zero. No maybe. Even if the U.S. economy faints between now and then, we are done with QE, the Fed's balance sheet over $4 trillion. If we refaint, the Fed will try somet…
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Source:
http://bit.ly/1mpzqN2
Description:
First, the Fed preannounced the end to QE3 in October. From buying $85 billion per month in Treasurys and MBS, the Fed will go to zero. No maybe. Even if the U.S. economy faints between now and then, we are done with QE, the Fed's balance sheet over $4 trillion. If we refaint, the Fed will try somet…
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