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Strategies & Market Trends : US Inflation and What To Do About It

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To: ggersh who wrote (389)3/25/2014 8:06:13 PM
From: John Vosilla  Read Replies (1) of 1504
 
QE was a great idea in 2009-11 IMHO. Should never have kept it going as long as they have.. Jeez last cycle Greenspan kept rates near zero for just over 2.5 years before starting to tighten plus they weren't playing with the long end anywhere near as much as this cycle.. What are we at now like 5.5 years of this grand experiment? They must be waiting for BAC, C, JPM, WFC and the national housing market to hit all time highs before raising rates? Give it three more years combined with easier credit and it might actually happen?

Calculated Risk thinks many housing markets have slowed down here with existing inventory now normalizing but also overall foreclosure activity continues to wind down plus months of new home inventory is still way down near low levels quite the opposite as the tops of previous cycles like 1989-91 and 2007-09.

This housing recovery made fools of many smart guys? I'd love to be a fly on the wall to find out who the 28 people were who recommended this post three years ago<g> It was obvious to me being in the trenches by spring 2010 the turnaround was at hand the cycles were going to be greatly condensed so this post in spring 2011 was so off base not even funny..

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