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Is QE with a European Twist Driving Markets?

Low volume stock rallies driven by nothing fundamental … A steady upward move in bond prices, and decline in interest rates … Levitation in hard assets, and a relentless decline in select currencies. I’m no Sherlock Holmes. But I’d say these market clues point in one direction — that we’re getting stealth Quantitative Easing, this time with a European twist! Is the ECB Following in the Fed’s Footsteps? It Sure Looks Like It! “QE” is Wall Street jargon for money printing. We’ve seen two rounds of it here in the U.S., one that ran from November 25, 2008 to March 31, 2010, and one that ran from November 3, 2010 to June 30, 2011. QE1 . . . → Read More: Is QE with a European Twist Driving Markets?
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