This is why quantitative easing might NEVER end

From The Dollar Collapse:

This is why quantitative easing can never end: Asian Stocks Slip on World Bank as Kiwi Drops; Yen Gains

Asian equities dropped, with the region’s benchmark index headed toward a correction, and the yen rose to the strongest in two months against the dollar after the World Bank cut its global growth forecast amid concern central banks may pare monetary stimulus…

… More than $2.5 trillion has been erased from the value of global equities since Federal Reserve Chairman Ben S. Bernanke said May 22 the Fed could scale back stimulus efforts should employment show “sustainable improvement.” The Bank of Japan left its lending program unchanged this week, adding to concern central-bank support will be pared back. The Nikkei’s volatility index rose for the first time this week today…

To summarize: after three years of the most aggressive deficit spending and monetary ease in human history, the global economy is… slowing down…

Read full article…


Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS