QE Did Not Work in the UK
This is a quarter you’re going to hear about Quantitative Easing.
I hate it.
From the banks’ point of view, it makes perfect sense. For you and me, not so good.
How did QE work in Japan and the UK? Not well at all.
Look Out for Eastern Europe
I’m doing more research into this developing area of the world this next week.
I’ll keep you posted.
CLICK FOR FULL ARTICLE – EASTERN EUROPE
QE2
What is it? A scheme by which the money supply is increased and hopefully starve off deflation and boost the economy.
Sorry, I’m not buying it.
CLICK FOR FULL ARTICLE – QE1 FAILED, WHY WILL QE2 WORK
CLICK FOR FULL ARTICLE – FED’S STRATEGY OF GETTING RETAIL INVESTORS INTO STOCKS VIA QE2 WILL FAIL
3rd Quarter Review / 4th Quarter Preview
This week is the 3rd Quarter 2010 review and 4th Quarter preview.
If you go back and rewatch my July video (July Video) I stated I thought the 3rd quarter would be up and it definitely was.
Dow Jones + 10.27% for the 3rd Quarter and S&P + 10.72%. Of course, these are unmanaged indexes.
The markets were way down at the end of the last quarter, so this brings the indexes positive for the year +3.5% for the Dow and +2.3% for the S&P 500.
4th quarter? I think things will continue to be up, but the important thing is to ensure you have the right allocation to equities in case I’m wrong. I think the year will end positive for the equity markets.
Listen to my 4th quarter preview video for more analysis and 4th quarter action items.
Quantitative Easing
“More Proof That Our Leaders are Clueless…”.
I’m sure I’m quite that pessimistic, but I’ve been persuaded by the side of the argument that the additional cash reserves that will probably be released into our system will simply be held by the banks and not accomplish what it’s intended.
I’m pretty unimpressed with the Fed.
CLICK FOR QUANTITATIVE EASING ARTICLE