Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Wednesday, August 10, 2011

Dog Whistle Alert: Goldman says QE3 likely after dovish Fed statement

In case you haven't noticed GoldmanSachs has been running the Treasury and the Fed, so this is more of a notification to markets than anodyne speculation.

http://www.reuters.com/article/2011/08/10/us-fed-goldman-qe-idUSTRE77919620110810?feedType=nl&feedName=ustopnewsearly