Bad News Won't Bring QE3
Is bad news good? As traders are feeling in recent weeks that a third round of quantitative easing is more and more likely, some are starting to claim that we want bad news to ensure that the Fed is motivated to act.
As Friday's employment report fast approaches, should we hope for a weak report? And what about Europe? Should we hope for weaker economic growth figures out of Germany, as this would make it easier for the European Central Bank to act?...584 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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