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SPDR S&P 500 ETF Message Board

  • texasbroker2000 texasbroker2000 Jun 10, 2011 11:21 AM Flag

    starting to get ugly.....

    This could go to 1150 real Perfect storm....economy slowing, unemployment decreasing, QE2 ending, traditional summer weakness...etc, etc, etc,

    I think that the Fed knows that QE2 didn't do much except encourage speculation by providing leverage/liquidity which essentially backfired in raising commodity prices and undermining the recovery. Don't think they'll do that again.....and at this point it's politically unattractive to benefit Wall Street at Main Street's expense......

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