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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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From: Eva8/26/2011 10:59:03 AM
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update -- trotsky, 09:57:28 08/26/11 Fri
Waiting for The Rabbit Trick
The Fed has used its mouthpieces in the media to lower expectations for Bernanke's Jackson Hole speech. The stage magician is apparently not going to do the rabbit trick this time around.
There can be little doubt that 'QE2' didn't do what it was supposed to do, but we expect the market will simply force the helicopter pilot into adopting even more inflationary measures.
Meanwhile, in euroland, the latest Greek bailout is on the verge of breaking down following the collateral deal between Finland and Greece, sending the eurocrats into the next damage control tizzy.
acting-man.com
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