Thursday, June 20, 2013

Quantitatively Easing: Right Out of the Market

Ben Bernanke announced that depending upon economic performance in the coming year, he may reevaluate the extent to which the Federal Reserve will continue its policy of quantitative easing. The announcement sparked a huge sell off these last two days on Wall Street.

It indicates the lack of confidence of investors in the strength of the so-called economic recovery out of our Bush-Obama recession.

A billboard, I'd like to see, courtesy of Illboards.com :




1 comment:

CW said...

Great billboard, V.L.! Let's put one along all of the major city freeways so that Obama voters have something to read while they sit in traffic.