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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (395078)	9/30/2009 3:27:57 PM
From: Real Man	Read Replies (2) \| Respond to of 436258

Literally, the Fed's foot is off the accelerator. Printing is still present, but the speed is now roughly 1/3 of what it used to be, which is substantial. In a true recovery the market is supposed to be able to run without all that. I'm not so sure that's what really happened since March -g- "The Committee will gradually slow the pace of these purchases in order to promote a smooth transition in markets and anticipates that they will be executed by the end of the first quarter of 2010. As previously announced, the Federal Reserve’s purchases of $300 billion of Treasury securities will be completed by the end of October 2009. " federalreserve.gov