BURNanke was clearly hoping for a good excuse to double QE so he could one up ABE - jobs number certainly was as good as any…too bad QE is dead, unmarketable and finished. Ben has to deal with insolvent US banks and bank runs…Funny, I thought BAC as in such good health that they were authorzed to buy their own shares back and pay dividends…YEAH RIGHT BEN!
I think ‘ll buy some DX dollar contracts.
Q4 GDP Forecasts: Mid-to-High 2s
-
From Merrill Lynch:
*4Q GDP tracking remains at 2.8%*. We forecast 1Q GDP growth of 2.2%, but *downside
risks are emerging due to the government shutdown*...
2 hours ago
