Wednesday, June 1, 2011

Yahoo Breakout: What Comes After QE2?

Jim Bianco of Bianco Research
  • If soft patch continues, possibility of QE3 goes up.
  • Easing pain as opposed to market corrections. 
  • What to do?  Channel Ron Paul, market needs to adjust.  QE's prevent that.
  • QE has affected stock market.  Assets are in bubble.  Weakens dollar.
  • Hasn't Bernanke helped things?  Over short term, weak dollar OK.  Not a long term policy. 

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