More Hints That QE Will Not Be Unwound Any Time Soon; Implications May Continue To Be Bullish For Treasury Bond Prices

The Fed is hinting that quantitative easing is here to stay:  there may be no unwinding of its expanding balance sheet in 2015. reports (LINK):

A decision by the Federal Reserve to expand its bond buying next week is likely to prompt policy makers to rewrite their 18-month old blueprint for an exit from record [...]


Of Dollars and Euros

Two articles caught my eye this morning to discuss.  I will trash one and praise the other.

First, is out with the journalistic equivalent of “taunting” in (American-style) football with a title that says it all:  S&P Cut Proves Absurd as Investors Prefer U.S.

Basically the e-paper owned by the mayor of Wall Street [...]