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Bill Gross Just Said The Magic Phrase, And The Market Just Jumped (QE-3 Coming)
| Joe Weisenthal
Posted on 06/22/2011 9:55:10 AM PDT by blam
Bill Gross Just Said The Magic Phrase, And The Market Just Jumped
Jun. 22, 2011, 10:59 AM
In a tweet, Bill Gross of PIMCO just predicted that QE3 would be revealed in August at Jackson Hole.
That tweet hit at 10:23.
On that prediction, stocks just jumped.
No wonder they call him God.
(Excerpt) Read more at businessinsider.com ...
TOPICS: News/Current Events
KEYWORDS: billgross; bonds; markets; pimco; qe3; stocks
The DJIA is down 16 as I post. See here.
posted on 06/22/2011 9:55:19 AM PDT
speculation only at this point. Bernacke has hinted there will be no QE3. It will be hard to justify it if there is raising of debt ceiling.
posted on 06/22/2011 9:59:51 AM PDT
(0bama got 0sama?? Really, was 0sama on the golf course?)
If true, Gold, groceries, and Oil to the Moon!
posted on 06/22/2011 10:04:37 AM PDT
(Department of Homeland Security, Certified - "Right Wing Extremist")
posted on 06/22/2011 10:07:01 AM PDT
("Don't take life so seriously... You'll never live through it anyway")
Welcome to WEIMAR AMERIKA!!
Got $8 gas??
posted on 06/22/2011 10:08:25 AM PDT
(You can only lead a lib to the Truth, you can't make it think...)
posted on 06/22/2011 10:20:46 AM PDT
(atlasShruggedInd = TRUE)
There will be a QE3 but it will be timed in such a way that bammy’s reelection chances are maximized.
You are aware that “Idiocracy” is actually a documentary film, transmitted to us in the present via tachyon waves, aren’t you?
Ahhh.....the joys of my wasted youth, watching John Carpenter films.....
posted on 06/22/2011 11:18:46 AM PDT
(It's all bread and circuses for the future prey of the Morlocks.)
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