No stimulus slated for this year?

[John_doe]

http://cnnmoney.mobi/wk_snarticle?artic ... m_business

any thoughts?

[68Camaro]

Nothing much new there, unless I skimmed it too quickly. The Fed will continue financing (by printing more money, electronically) the purchase of Treasury Bonds, but they will probably do it in the background without actually calling it QE3. That continued support of bond purchases, by indirectly inflating the dollar, is about the only tool that the G'ment has left. (Besides lowering taxes.) They will only come out into the open with QE3 if they feel that the public needs to feel that something is being done to address a worsening situation.

[John_doe]

Nothing much new there, unless I skimmed it too quickly. The Fed will continue financing (by printing more money, electronically) the purchase of Treasury Bonds, but they will probably do it in the background without actually calling it QE3. That continued support of bond purchases, by indirectly inflating the dollar, is about the only tool that the G'ment has left. (Besides lowering taxes.) They will only come out into the open with QE3 if they feel that the public needs to feel that something is being done to address a worsening situation.

Very insightful, thanks a bunch!

[Mossy]

The fedgov could improve the economy by repealing the minimum wage, repealing a bunch of regulations, cutting taxes, cutting spending, cutting grant money, and firing 75% of the civil servants.

In which case, NOAA reports air visibility to be zero/zero due to flying pigs.

[68Camaro]

The fedgov could improve the economy by repealing the minimum wage, repealing a bunch of regulations, cutting taxes, cutting spending, cutting grant money, and firing 75% of the civil servants.

In which case, NOAA reports air visibility to be zero/zero due to flying pigs.

Of course...