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re: QE3
Posted on 9/13/12 at 11:39 am to BennyAndTheInkJets
Posted on 9/13/12 at 11:39 am to BennyAndTheInkJets
Dammit. This will drive the dollar down and oil up.
2
Posted on 9/13/12 at 11:55 am to AUtigerNOLA
Not necessarily, even though the oil curve is in contango until April 2013 we could still see inventories build up, the white house could also hit the SPR with the election coming up.
The dollar will depend on what the ECB does as well, not just this announcement. The US is far from a closed economy. Its actually a non fact that the dollar has depreciated since the QEs started, its actually appreciated against other currencies.
The dollar will depend on what the ECB does as well, not just this announcement. The US is far from a closed economy. Its actually a non fact that the dollar has depreciated since the QEs started, its actually appreciated against other currencies.
Posted on 9/14/12 at 4:08 pm to AUtigerNOLA
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