Home » Politics, Quick Hits

Fed Initiates More Easing

10 August 2010 No Comment

The Fed announced that they will begin purchasing the long Treasury bonds.  They didn’t come out with a shock & awe approach, and I’m thinking it might not be enough to hold the market up.  I think we might see some “sell the news” action.  Regardless, this is a joke and won’t help the economy.

Comments are closed.