Hi Duster. Interesting, thanks for sharing. First reaction after reading it here is skepticism.
Why? Experience...Most things do not work so nice, tidy, and in this case, conspiratorial.
Partly true, a little bit?
Maybe.
It is an interesting idea though and does make some sense for all parties involved.
The truth, most likely?
The economc numbers were bad just before the Fed announced QE2, bad enough to induce them to believe that [hoped for] stimulous from QE2 was needed.
Meanwhile, back at the ranch. During the period between announcement and implementation, the economic numbers came in better, but they were already committed.
Just speculating on all the above.
We'll see.
Looks like the Euro is in the process of getting thumped once again with more to go.
At least a quick look at the chart makes it appear that will happen.
Plus, the European Union has some sticky issues to deal with and the markets may not give it a vote of confidence, just as they gave the Euro a no confidence vote before the Greek Crisis.
Fabian