Expection of a new round of QE are too high right now so I'll be un the caution side for now. What's ur take? After last week Mario's revolt, we may see Ben's this week, a central banker mutinery.... at the lack of action of politicians. Lookin at his previous words, warnings at the unsustainable fiscal path, very little action has followed from Congress, so, I woudn't be that surprised if the Fed was making it more crystal clear, printing was meant to fight deflation but can't be a substitute for the lack of action in Congress to restore a sustainable fiscal path which itself has the power to offset any effort from the Fed to help the economy. It is only the combination of both that give the expected sustainable recovery. Mario made it clear to the EU parliament, who's next to hear the unavoidable truth.
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