Credit: Shutterstock photoThink of all the possibilities! They are unlimited especially after the Federal Reserve used the nuclear option with open ended QE3D and an extension of the low interest rate pledge for another year! Commodity bulls will be dancing the twist as the music plays on with the Fed buying the long end and selling the short end in what can only be described as explosively bullish for the markets. Ben Bernanke Rightly said that this had nothing to do with politics and the Fed can't do it alone! The Fed felt like it had no choice. With underemployment over 20% and the fiscal cliff ahead the Fed did everything it could and the markets are on notice. Whether or not you agree with QE or do not agree with QE you might as well enjoy what will be an incredible ride!
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
