Monday, April 04, 2011

LURED THE PERFECT WORD

"Responsibility for the rally largely, then, falls into the hands of the institutional investors and the big hedge fund managers whose access to large sums of capital moves the markets. It's no wonder, considering that the Federal Reserve's program-quantitative easing, or QE-is targeted directly at buying Treasurys from large institutions who then are expected to use the proceeds to invest in risk assets like stocks.." QE2 is slated to end this June.... Duratek

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