ECONOMIC IMBALANCES WILL GROW

THE HAIL MARY

"The wrong choice is for the Fed to continue quantitative easing as planned, allowing the government to grow at the expense of the economy. This will widen the economic imbalances that lie at the root of our problems. As a side effect, the U.S. dollar will continue spiraling downward as it becomes clear to foreign creditors that the Fed has no interest in protecting their investments. A weaker dollar will lead to higher inflation and higher interest rates, which will make the Fed's task that much more difficult. "

OIL is now above $85. Surprise the $ weakened today.....

In todays FED speach they indicated it WAS their ambition to influence stock prices, as best I can tell this is outside their mandate.

Maybe stock prices go higher.....the data underneathe it will defy any recovery from recession on record.

WHY NOT put $100B a month directly into the economy?

D