Thursday, October 14, 2010

HOW LOW CAN THEY GO?

"Here's the problem with quantitative easing: even many on the Fed's Open Market Committee (FOMC) doubt it will necessarily boost economic growth. What types of projects promoting economic activity will be initiated when extremely low interest rates are lowered further?"

"FED'S BIZARRE TACTICS" Axel Merk

Low interest rates and stimulus produced the last bull market, but it did not create lasting vitality.....it created a BUBBLE, now even more has been done with rates down to ZERO, that doesn't seem good enough......what will be the end result here?

D

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