Testing the water for QE4/5

On September 15, 2013 by Phil Champagne
English: Testing the water, Enniskillen One of...

Testing the water, Enniskillen One of many tame birds to be seen in the area. (Photo credit: Wikipedia)

In this previous article, we stated you should expect more QE to come, not tapering.


Apparently, they are prepping by testing the water towards just that:


BAML Warns:

“If The US Economy Does Not Significantly Accelerate Now, It Never Will”

Significant monetary stimulus, the end of fiscal austerity, a booming housing market, a cheap dollar, record corporate cash balances… BofAML warns – if the US economy does not significantly accelerate in coming quarters, it never will.

Crucially, they note, asset prices will not do as well in the next 5 years, no matter what the “nouveau bulls” say. Central banks will be less generous, corporations less selfish. And when excess liquidity is removed it will get “CRASHy” as we discussed previously. In the meantime, five years after Lehman, Wall Street has soared, but Main Street has soured.

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