Submitted by madhedgefundtrader on 05/31/2011 - 11:00
Make no mistake. A new variety of quantitative easing has already begun in a big way, and is generating its desired effect. The same $600 billion that stampeded into risky markets is doing a 180 and then stampeding right back out again. We might even see bonds peak and risk assets bottom on June 30, the day QE2 ends. Clever Ben, clever.