Posted on 06/02/2012 6:32:33 AM PDT by TigerLikesRooster
Wall St boosts QE3 expectations after May jobs data
By Chris Reese
NEW YORK | Sat Jun 2, 2012 7:49am IST
(Reuters) - Wall Street economists see an increased chance the Federal Reserve will launch another round of monetary stimulus to support the U.S. economy, following data showing jobs growth slowed markedly for a third straight month in May.
The median of forecasts from 15 primary dealers - the large financial institutions that do business directly with the Fed - gave a 50-percent chance the central bank would eventually launch another round of quantitative easing, known as QE3.
A similar poll done on May 4 resulted in the median of forecasts from 14 primary dealers giving a 33 percent chance of the Fed eventually undertaking QE3.
(Excerpt) Read more at in.reuters.com ...
P!
The illusion of economic growth through inflation. Spend more because the dollar is worth less and voila - economic growth.
Madness.
More monopoly money for the markets to play with.
Insanity. QE1, QE2, and let us try what did not work twice before with QE3. Insanity, or part and parcel of the plan.
Here’s the bad news for Obama: he may not get QE3. I think the Federal Reserve knows Obama is just about “toast” and looks forward to things like regulatory and major income tax reform with a new President, things that will really boost the economy without the consequences of another QE.
50% chance of eventually launching QE3.
Here’s hoping enough Wall Streeters have Bernanke’s ear to keep him from trying to reelect Obama.
The Federal Reserve does not respond to politics, it’s the other way around.
What if SS checks stopped going out for a month?
Food stamps?
Unemployment?
Disability?
The US government sends out those checks only with THE PERMISSION OF THE LENDER.
Need proof?
Look at your money. Doesn’t say “United States Note”
QE3 is guaranteed.
They’re like junkies, arms extended in expectation of their next injection of joy juice.
Neither major candidate seems to understand that less government is the answer.
Bush used to have to depend on China to buy this worthless paper.
The Baraqqi/Bernanke/Geithner crew just buys it for ourselves, LOL.
More welfare for Wall St., and our dollar erodes in value as Bernanke’s printing presses keep rolling. The partisan Fed is bailing out Obama, too, before the election.
And it’s done on the backs of the unemployed and those who have saved for their old age and are getting no return on their savings.
This is crony capitalism, Obama style.
How does the Federal Reserve influence entitlement payments? And specifically, how does QE3 affect them?
Cloward and Piven. All part of the collapse and trigger options to make the world plunge into chaos prior to November.
Cloward and Piven. All part of the collapse and trigger options to make the world plunge into chaos prior to November.
Personally, I do not believe we will have to wait until then. I think Georgie Porgie and his handlers are getting a little anxious.
The Fed is getting no help from the White House.
Monetary policy alone can’t solve the problems that the current administration has either exacerbated or created.
The Fed is getting no help from the White House.
Monetary policy alone can’t solve the problems that the current administration has either exacerbated or created.
“The illusion of economic growth through inflation. “
Yep. Take the flim-flam out and there has been no economic recovery at all.
I think you're correct. However, the timing has to be perfect for Obama in order to herd up the weak minded between a rising stock market and rising gas prices, as QE3 will cause both.
QE3 is like trying to jump start a dead frog with a car battery. A very old, very dead frog.
Correct:
As I posted yesterday:
DOW off 220 (or lower) Oil at $83.50
Friday, June 01, 2012 11:59:43 AM · 42 of 52
Varsity Flight to Varsity Flight
“And I repeat, they are looking hard for a Fall-Guy scheme downplaying it.
This is why the recent intentional static for Qe3 is out there right now.
False-Care, was suppose to be their Fall-Guy scheme. Mandate-Mitt fits right in there.
Distortion of accurate evaluations.”
They will continue to do this until they put it all ON THE FALL-GUY.
This is all about FALSE VALUE/VALUATIONS, and 10 Trillion in FALSE valuations putting it on a Fall-Guy.
Voting has not worked, so Fall-Guy targets are shutting down spending, and will do even more if Qe3 is attempted.
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