QE 1 : 25th Nov 2008 QE 2 : 3rd Nov 2010 OP Twist: 21 sept 2011 QE 3: 13 sept 2012
Sept to Nov 2014 ... Doesn't matter how good the US data shows, QE must go on I believed. Reasons is fairly simple.
To ensure " orderly " and "structurally" of so called "tapering" without jeorpordise the risk and effort the last four years hard work.
American economy ... So brilliant that even the world slow down wont affect their growth path because money is so cheap for the moment. Not to mention they own that machine outright.
Housing record is reviving household confidence .....meaning back into the frenzy chasing of American housing " shortage ". The difference for this time are, they have the hedge fund and chinese joining the party as well!
Record DOW, another wealth chain reaction. Pension fund make good return, poor getting rich and rich should get richer. Perfect outcome for FED.
Last not least, Ben will never ever let his disciples down......he will be remembered in the history for printing not tapering in my opinion.
