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Thursday, August 12, 2010

Bernanke's Bazooka

The FT thinks it's QE2, and that his bazooka is as good as Paulson's--the conservatorship of the GSE's. So therefore the Fed is on the sidelines, with nothing in its pocket.


But you don't need a bazooka to be dangerous.

And next week, you'll hear more from the Fed.

Which means they don't need a bazooka to shoot some bears!!

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