"I put it on the growing list of “things” that are suggesting that the Fed is pondering a change in direction. If there are any ‘tea leaves’ in the analysis, they would read that QE is going to be ending pretty soon."
QE has been pushed out of the DC conversation, while it carried Obama through the election and lingers on life support today, a ruse to delay reality. The ultimate sucker punch to the opposition, creating the required false atmosphere of fiscal status quo for any hope of getting the One re-elected. Now the ruse evaporates, right on time.