(DOWNLOAD) "Global Market Roundup" by Pakistan & Gulf Economist * Book PDF Kindle ePub Free
eBook details
- Title: Global Market Roundup
- Author : Pakistan & Gulf Economist
- Release Date : January 10, 2011
- Genre: Economics,Books,Business & Personal Finance,
- Pages : * pages
- Size : 47 KB
Description
One big story of this past week is the growing expectation that the Federal Reserve is not going to extend quantitative easing (QE2) or introduce QE3 immediately. The Fed governors may fear, like with many Hollywood movie flicks, the third instalment is often a flop. In a sense, QE2 failed from the perspective that it did not lower rates, in fact bond yields widened significantly since QE2 was introduced in August 2010. The saving grace was that a turnaround in US equities, which began a few weeks before QE2 was introduced, was further fuelled by the anticipated liquidity created by QE2.
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