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US Stocks Jump on Unexpected Fed Move


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"The markets climbed in volatile trading after the Fed unexpectedly said it will continue buying bonds at a pace of $85 billion per month."

No easing of QE yet after all. This is not good news although the stock market will like it, maybe.

It means the US economy is not improving to the extent expected and more "stimulus" is needed (if you believe that approach works.)

Fed Holds Steady on QE in Surprise Move

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Expect the unexpected. The world is not collapsing yet it seems. How strange.

Sent from my GT-I9190 using Thaivisa Connect Thailand mobile app

Are you being cynical or don't you know money is being created out of air, whit out collateral security?

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