Buy or Get Out of the Way
The skeptics are being run over this morning as the market continues to anticipate worldwide quantitative easing by central banks. Yesterday's comments about impending action by European Central Bank chief Mario Draghi have been widely questioned, but that hasn't stopped the buyers.
The stronger-than-expected GDP number this morning is also being ignored as the designated Fed mouthpiece from the Wall Street Journal, Jon Hilsenrath, says the Fed is still likely to act. He discusses the inflation data and the slowness of the recovery and concludes that there is still plenty of ammunition for the Fed....126 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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