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|QE... Pick a number|
|Monday, 01 November 2010 16:00|
Tomorrow is a big day for our country, no we're not talking about the election results, we're talking about the Federal Reserve's announcement of QE2. How will it be structured, how much, and the time frame; will all have a direct impact on the markets. Currency, stocks, bonds, and of course commodity markets will all move for the next 72 hours not because of any natural market force, but because of what the Federal Reserve has to say around 2:15 p.m. tomorrow. For those of us who love the founding father's ideals of a free market system, it certainly is a sad state of affairs, but none the less, this is the market we have. So for now we wait. By Thursday we should have a very good idea on how things will trade for the remainder of the year and into next year.
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