From CNNMoney four days ago : "QE2 is just about done. But the Federal Reserve will still be buying massive amounts of long-term Treasuries.
In fact, the Fed's purchases over the next year will likely be at least $300 billion. That's half the size of QE2 -- even if QE3 never takes place. Think of it as QE2.5."
Sorry, I don't want this half version of a British oceanliner either. As I mentioned yesterday, if our Federal Reserve presidents are happy that it weakened my dollar, I am not a fan! A weaker dollar stokes inflation fears in my mind! How to combat it in your portfolio? Stack your gold coins - after calling us first at Lear Capital !
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
