The New CS Board

[YellowBull]

For Rivers, Funny Fed president Dudley just came out and said QE could increase if the jobs market doesn't improve.

As I mentioned, it really doesn't matter what the economy is doing. The Fed's dual mandate stipulates they must 1) keep inflation reasonable and 2) Maintain low unemployment. The problem is unemployment will never be good until globalization reaches some sort of equilibrium. Thus QE will continue forever no matter how good the corporate economy is!!! Use all jawboning about tapering QE to buy the dip on the market's reaction!