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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (664808)	7/31/2012 2:24:53 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1576608

Ted, For an example, most economists aka not wingers saw last week's move as a reaction to Draghi's announcement that the ECB would be buying up lots of bonds and helping to bring down Spain's bond yields to more reasonable levels. That sounds much more plausible than the markets believing that Romney, who last week handily set back US/Brit relations, would end up in the WH come this fall. It sure does, but anything the ECB or the Fed does to pump more money into their respective economies is only going to have a short-term effect. The strength in the markets these days is just another chance to get out before the double-dip. Though when QE3 comes (or the Euro equivalent), that may also be good for a short-term bump in the markets. Tenchusatsu