Monday 23 May 2011

The QE II Bust: Stock Rally Is Just An Illusion

Brett Arends, MarketWatch
It‘s cost $600 billion of your money. And it was supposed to rescue the economy. But has Ben Bernanke’s huge financial stimulus package, known as “Quantitative Easing 2,” actually worked as planned?QE2 is being wound down in the next few weeks. Fed Chairman Ben Bernanke has said it has left the economy “moving in the right direction.”

Source: http://www.realclearpolitics.com/2011/05/23/the_qe_ii_bust_stock_rally_is_just_an_illusion_255945.html

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