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Wall St boosts QE3 expectations after May jobs data
Reuters ^ | 06/02/12 | Chris Reese

Posted on 06/02/2012 6:32:33 AM PDT by TigerLikesRooster

Wall St boosts QE3 expectations after May jobs data

By Chris Reese

NEW YORK | Sat Jun 2, 2012 7:49am IST

(Reuters) - Wall Street economists see an increased chance the Federal Reserve will launch another round of monetary stimulus to support the U.S. economy, following data showing jobs growth slowed markedly for a third straight month in May.

The median of forecasts from 15 primary dealers - the large financial institutions that do business directly with the Fed - gave a 50-percent chance the central bank would eventually launch another round of quantitative easing, known as QE3.

A similar poll done on May 4 resulted in the median of forecasts from 14 primary dealers giving a 33 percent chance of the Fed eventually undertaking QE3.

(Excerpt) Read more at in.reuters.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bernanke; jobless; qe3; recovery; thefed; unemployment
I think QE3 is also an important component of Zero's compaign strategy. You will get it before this summer is over(maybe even before Jul. 4.)
1 posted on 06/02/2012 6:32:38 AM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 06/02/2012 6:33:58 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

The illusion of economic growth through inflation. Spend more because the dollar is worth less and voila - economic growth.


3 posted on 06/02/2012 6:39:37 AM PDT by trubolotta
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To: TigerLikesRooster

Madness.

More monopoly money for the markets to play with.


4 posted on 06/02/2012 6:43:58 AM PDT by headstamp 2 (Liberalism: Carrying adolescent values and behavior into adult life.)
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To: TigerLikesRooster

Insanity. QE1, QE2, and let us try what did not work twice before with QE3. Insanity, or part and parcel of the plan.


5 posted on 06/02/2012 6:44:15 AM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: TigerLikesRooster

Here’s the bad news for Obama: he may not get QE3. I think the Federal Reserve knows Obama is just about “toast” and looks forward to things like regulatory and major income tax reform with a new President, things that will really boost the economy without the consequences of another QE.


6 posted on 06/02/2012 6:48:22 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: TigerLikesRooster

50% chance of eventually launching QE3.

Here’s hoping enough Wall Streeters have Bernanke’s ear to keep him from trying to reelect Obama.


7 posted on 06/02/2012 6:51:30 AM PDT by 9YearLurker
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To: RayChuang88

The Federal Reserve does not respond to politics, it’s the other way around.

What if SS checks stopped going out for a month?
Food stamps?
Unemployment?
Disability?

The US government sends out those checks only with THE PERMISSION OF THE LENDER.

Need proof?

Look at your money. Doesn’t say “United States Note”

QE3 is guaranteed.


8 posted on 06/02/2012 6:57:32 AM PDT by djf ("There are more old drunkards than old doctors." - Benjamin Franklin)
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To: TigerLikesRooster

They’re like junkies, arms extended in expectation of their next injection of joy juice.

Neither major candidate seems to understand that less government is the answer.


9 posted on 06/02/2012 6:59:38 AM PDT by Colonel_Flagg (Conservatism is not a matter of convenience.)
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To: TigerLikesRooster

Bush used to have to depend on China to buy this worthless paper.

The Baraqqi/Bernanke/Geithner crew just buys it for ourselves, LOL.


10 posted on 06/02/2012 7:01:26 AM PDT by nascarnation
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To: TigerLikesRooster

More welfare for Wall St., and our dollar erodes in value as Bernanke’s printing presses keep rolling. The partisan Fed is bailing out Obama, too, before the election.
And it’s done on the backs of the unemployed and those who have saved for their old age and are getting no return on their savings.

This is crony capitalism, Obama style.


11 posted on 06/02/2012 7:04:21 AM PDT by txrefugee
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To: djf

How does the Federal Reserve influence entitlement payments? And specifically, how does QE3 affect them?


12 posted on 06/02/2012 7:05:52 AM PDT by kabar
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To: no-to-illegals

Cloward and Piven. All part of the collapse and trigger options to make the world plunge into chaos prior to November.


13 posted on 06/02/2012 7:20:07 AM PDT by Shady (The undeniable truth of the Obama Administration...The numbers do not lie.)
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To: no-to-illegals

Cloward and Piven. All part of the collapse and trigger options to make the world plunge into chaos prior to November.

Personally, I do not believe we will have to wait until then. I think Georgie Porgie and his handlers are getting a little anxious.


14 posted on 06/02/2012 7:21:09 AM PDT by Shady (The undeniable truth of the Obama Administration...The numbers do not lie.)
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To: Shady

The Fed is getting no help from the White House.
Monetary policy alone can’t solve the problems that the current administration has either exacerbated or created.


15 posted on 06/02/2012 7:23:15 AM PDT by ozdragon
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To: Shady

The Fed is getting no help from the White House.
Monetary policy alone can’t solve the problems that the current administration has either exacerbated or created.


16 posted on 06/02/2012 7:23:26 AM PDT by ozdragon
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To: trubolotta

“The illusion of economic growth through inflation. “

Yep. Take the flim-flam out and there has been no economic recovery at all.


17 posted on 06/02/2012 7:28:33 AM PDT by lodi90
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To: TigerLikesRooster
I think QE3 is also an important component of Zero's compaign strategy. You will get it before this summer is over(maybe even before Jul. 4.)

I think you're correct. However, the timing has to be perfect for Obama in order to herd up the weak minded between a rising stock market and rising gas prices, as QE3 will cause both.

18 posted on 06/02/2012 7:49:54 AM PDT by Ramcat (Thank You American Veterans)
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To: TigerLikesRooster

QE3 is like trying to jump start a dead frog with a car battery. A very old, very dead frog.


19 posted on 06/02/2012 9:04:41 AM PDT by 6SJ7 (Meh.)
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To: djf

Correct:

As I posted yesterday:

DOW off 220 (or lower) Oil at $83.50
Friday, June 01, 2012 11:59:43 AM · 42 of 52
Varsity Flight to Varsity Flight

“And I repeat, they are looking hard for a Fall-Guy scheme downplaying it.

This is why the recent intentional static for Qe3 is out there right now.
False-Care, was suppose to be their Fall-Guy scheme. Mandate-Mitt fits right in there.
Distortion of accurate evaluations.”

They will continue to do this until they put it all ON THE FALL-GUY.

This is all about FALSE VALUE/VALUATIONS, and 10 Trillion in FALSE valuations putting it on a Fall-Guy.

Voting has not worked, so Fall-Guy targets are shutting down spending, and will do even more if Qe3 is attempted.


20 posted on 06/02/2012 9:21:56 AM PDT by Varsity Flight (Phony-Care is the Government Work-Camp: Arbeitsziehungslager)
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To: TigerLikesRooster

I knew they’d find a way - and excuse - to do QE3...


21 posted on 06/02/2012 2:26:23 PM PDT by GOPJ ( "A Dog In Every Pot" - freeper ETL)
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To: kabar; All

OK.

Imagine you are the gummint.

I am a “bank” (lender).

You come to me to borrow “money”.

I say OK, but here’s the deal.

I will cash your checks, but only with my “money”, which I chose to call “djf Reserve Notes”.

You go off your merry way and print checks and send them out.

I open a few more branches, and print the “notes” I need to honor the checks.

Now I don’t care about who or what the checks are for. The ONLY thing I care about is “Are you, the gummint, able to pay me back?” And when I say “pay me back”, I’m NOT talking about “djf Reserve Notes”. As far as I am concerned, “djf Reserve Notes” are junk, just pieces of paper, valueless, they are one and one thing only:

Evidence of debt.

When I say “pay me back”, I mean something REAL! Real money, real power, real estate, influence, SOMETHING!

Realize something else:

If you, the gummint, gets too extravagant in one area or another, I (the lender) have the ABSOLUTE OPTION to TELL YOU WHAT YOU CAN OR CANNOT SPEND “money” ON!
Because I can say at any time to someone who comes in with a “check”, “Sorry. The person who wrote that check doesn’t have enough in his account. Call your Congressperson and ask why.”

See?
That’s how it’s working today. That’s the power “the lenders” have. That’s also why they cannot tolerate any other form of money, be it gold, silver, United States Notes, baked beans, or sea shells...

Sure, the Senators and Congressmen make some “rules” and some “laws” in the Capitol, but nothing of significance that would change the above relationship.


22 posted on 06/02/2012 8:05:47 PM PDT by djf ("There are more old drunkards than old doctors." - Benjamin Franklin)
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To: djf
Definition of 'Quantitative Easing'

A government monetary policy occasionally used to increase the money supply by buying government securities or other securities from the market. Quantitative easing increases the money supply by flooding financial institutions with capital, in an effort to promote increased lending and liquidity.

Central banks tend to use quantitative easing when interest rates have already been lowered to near 0% levels and have failed to produce the desired effect. The major risk of quantitative easing is that, although more money is floating around, there is still a fixed amount of goods for sale. This will eventually lead to higher prices or inflation.

23 posted on 06/03/2012 7:11:54 AM PDT by kabar
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