[Doogle]

..a young Bernanke

[EBH]

I get that the Fed lied, potentially.

But, if they didn’t actually conduct any QE, wouldn’t that be a good thing long-term?

And wouldn’t that indicate the economy is stronger than we’ve been led to believe?

[nothingnew]

Uh, uhm, what was the question?

FMCDH(BITS)

[babble-on]

Yes, they announced those new programs, but at the same time other programs also came to an end, securities on the balance sheet matured, etc. The Fed has been completely transparent about what it’s buying when and how much, but Mr. Graham Summers is too lazy to bother keeping track of it.

Also to say that the broad stock market is reacting, or failing to react, to one single component of the economic landscape is utterly vapid.

[Drago]

I don’t know where this author gets his facts, but everything I look at says the Fed’s balance sheet has gone from around $775 Billion in 2007 to $2.9 Trillion at the end of 2012...no sign of “staying the same” or “going down”.

http://blogs.wsj.com/economics/2012/09/13/a-look-inside-the-feds-balance-sheet-15/

http://www.federalreserve.gov/releases/h41/current/h41.htm