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In the Blink of an Eye -- Stocks Plunge 460 Points on QE ExitBy Mike Whitney (Page 3 of 3 pages) Become a premium member to see this article and all articles as one long page. 4 comments
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Uh huh. So, after a six-year bacchanal, the Fed is finally going to take away the punch bowl and force the revelers to pay down their debts, clean up their balance sheets, and take a few less risks. Is that it?
Yep. It sure looks like it. But, that could change in the blink of an eye, after all, the Fed has its friends to think of. Which means that Ms. Yellen could announce QE4 any day now.
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Mike is a freelance writer living in Washington state.
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