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Saft Says: Expect QE3 to disappoint this time around

Thursday, September 20, 2012 - 01:42

Sep 20 - Reuters Columnist James Saft says expect Fed's third round of quantitative easing to disappoint, just like the second one did the last time around.

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Numerous columnist changed. -- chances of capturing the last and he went to Italy financial markets still to -- at all. Ali equity markets couldn't -- government -- unstable and we'll see more attention to what's gone from Europe. Foreigners. And elections develop not necessarily an ironic that our careers here -- under. You famously loyal supporters at 47% of Americans will wrap up our our -- It themselves into them and that his job as the word. -- -- Heating Obama in November and then after 33% according -- But since then and S&P 500 up 4% bonds. I don't market behavior by you -- remember. We're now that golden period and everyone's happy. Euronext load factors and it's always should -- get people back to work or some. This persists we need signs that economic turnaround in the next couple months. -- doubt that in the past but not a lot different from the last few. To accumulate stocks for Oklahoma. But before we -- that -- Enron's. In the past QB was done when inflation expectations were low but now there anymore. Finally in the past that did you -- when financial conditions -- This time news. All this points to diminished returns. From -- -- ball. We might get yeah we might see if we don't be surprised if this -- days.

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Saft Says: Expect QE3 to disappoint this time around

Thursday, September 20, 2012 - 01:42