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Monday, September 24, 2012

Cara Community

Cara Community


Bill Cara's Week in Review #39, 2012

Posted: 23 Sep 2012 01:43 PM PDT

[5:06 pm ET Sunday] A week ago I opened the Week In Review with these words:

The Fed has spoken. "Read my lips: QE until unemployment falls to an acceptable level."
At this point, the US, European, UK and Japanese central banks are on board for QE. Of the difference makers, only China has not made an unbridled commitment to QE, preferring to only announce greater infrastructure spending, and Canada says they are so inclined, but are waiting to see how high the Loonie will fly before the Bank of Canada has to ground it.

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