The money from the first two QEs was held back. Duh.
On another note, the hedge funds are starting to blow up, Phil Falcone’s multi-billion hedge, Harbinger.
The debt liquidation continues.
So let’s see if liquidity pumping can overcome debt liquidation.
It’s anybody’s horserace at this time.
If you have no debt and are sitting on cash, just pass the popcorn and watch.
Popcorn, is great. :)
Yeah, but I think my Benjamins will soon become Grants and there ain't much I can do about that.