Captain Obvious strikes again …
– The Fed Is Out Of Options, “QE Is All It Can Do Here” Art Cashin Predicts (ZeroHedge, Aug 11, 2015):
“…they’re in a kind of silly loop where they did QE expecting a reaction… didn’t get it.. and then they did QE again because it didn’t live up to their expectations… but I think they have no other options, if things get negative on the economy, QE is all they can do.”
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