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To: Libloather

I read this somewhere this week & made a note of it.
“In just the past two weeks, the stock markets have gone up about 11%. During that same time frame, the Fed has purchased $39.9 billion of treasuries from its dealer banks, in the same manner as it did during QE1 and QE2. If continued, this is an $85 billion a month pace, similar to that of QE2. But remember, there is no announced QE3, and no report that I’ve seen has mentioned anything about this bond buying, but it is going on nonetheless”


3 posted on 10/20/2011 2:44:52 PM PDT by Digger (If RINO is your selection then failure is your election)
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To: Digger

It’s called POMO and they publish it all right here.....

http://www.ny.frb.org/markets/pomo/display/index.cfm


4 posted on 10/20/2011 3:18:55 PM PDT by sheana
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