FOREX - Trends, Forecasts and Implications (Episode 19: September 2012) - page 140
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What about the Constitutional Court decision? (wistfully) Do you give them any chance at all?
What about the Constitutional Court decision? (wistfully) are you giving them any chance at all ?
Didn't they work it out yesterday )))
draw your fairy tale for a change...
Hi all, last colouring )))) no sign of a correction yet, still quietly moving up to yesterday's 2887 ))))
moving up to yesterday's 2887 ))))
In recent months, global financial markets have been living one hope without exaggeration - for the launch of the Federal Reserve 's (Fed) next, third "quantitative easing" programme, or QE3.The previous rounds of QE, during which the Fed pumped $2.3 trillion (equivalent to 15% of GDP) into the financial sector, are now living on the same hope. (equivalent to 15% of GDP!), has developed a persistent reflex among investors: any unfavourable data on the US economy instantly generates talk of a new money-printing cycle and raises stock indices to new heights. The hype around QE3 is being skillfully fed by the global financial media and analysts of leading banks and investment funds with a direct interest in the continuation of the "banquet".
Meanwhile, a more thorough analysis of the alternatives available to the Fed and the realisation that previous colossal injections of liquidity have essentially failed to solve the major economic problems of the US could sober up the market masses somewhat. "Insanity is doing the same thing and expecting different results," Albert Einstein said, which is appropriate for the choice facing the Fed at its next meeting on September 12-13.
Past rounds of QE have aimed to lift asset prices, such as bonds or real estate, virtually "off the bottom", which should help boost consumer confidence. However, additional asset purchases by the central bank at this stage look meaningless, to say the least, because asset prices are already at annual highs.
Despite another wave of irrational euphoria regarding QE3, a new round of "quantitative easing" today seems unlikely, both in terms of its feasibility and potential effectiveness. Moreover, as the zero-rate policy continues, the balance of benefits and risks is shifting towards longer-term negative effects. At the same time, the difficult labour market situation, in which the Federal Reserve sees a structural threat to the economy, obliges it to take further stimulative steps. The analysis of available data indicates that the Fed is indeed preparing steps which would imply better management of market expectations rather than a reintroduction of the "printing press".http://top.rbc.ru/economics/12/09/2012/669049.shtmlRead more: http://top.rbc.ru/economics/12/09/2012/669049.shtm
http://top.rbc.ru/economics/12/09/2012/669049.shtml
on the new cycle of "money printing"
There is no other way out when you do not live within your means... The pendos and the eu...
Confidence is cool. They'll have a kue and we'll be eating oboMango fruit and gazing at the OBLOMINGO bird :)
5 figures purely on waiting for the kue to grow :))))
Confidence is cool. They'll miss out on the QE and we'll be eating Oblomango fruit and gazing at the OBLOMINGO bird :)
Not about QE...but in general...
Didn't they work it out yesterday)))
draw your fairy tale for a change...
It certainly looks apocalyptic. But if the decision is positive, they might do something like this.
Only sales gentlemen, only, up to 1.3))) 1.27 is inevitable))
before 1.30 ... what kind of selling? I think we should buy.