US Stocks Jump on Unexpected Fed Move

[NeverSure]

"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

[Dancealot]

I read it's been too quiet on the trading market, lately. So the FED did this to stimulate active trading. That makes me wonder about their overall motivations, even more.

[MacWalen]

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

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[Dancealot]

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

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

[Loptr]

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

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Keep thinking that. We need cannon fodder to fend off the Huns at the gate.

[MrWorldwide]

OK - explains why our dollar bounced 2 US cents overnight. Seriously bad news for our exporters.