InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,281.62
(
0.35%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.42
(
1.12%
)
Bitcoin
61,514.15
(
1.15%
)
Post# of 704019
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

late bloomer

Send PM Follow Ignore
Followers 1
Posts 497
Boards Moderated 0
Alias Born 05/10/2005

late bloomer

Re: federal reserves post# 661580

Wednesday, 10/13/2010 3:34:02 PM

Wednesday, October 13, 2010 3:34:02 PM

Post# of 704019
3 POMO's in 4 days starting Friday. Total of 32b scheduled on this round - the biggest yet. Couple this with QE2 and you're talking about a serious beat down for the dollar. Can you say, melt UP time for stocks, commodities and PM's?

Unless.... this huge POMO is the alternative to QE2. Hmmm.

Janet Yellen - the "doviest" Fed member - just gave a speech talking about the dangers of too much liquidity. Odd that she would be the one to address this concern, unless the Fed was setting up a surprise "No QE2 in November" move. Can you say, melt DOWN time for stocks, commodities and PM's?
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up