Business Magazine

No Response to QE3!

Posted on the 26 September 2012 by Andyepb

Chart of the FTSE-100 at 25th September 2012Well, US QE3 arrived sooner than I expected and, apart from an initial one day surge last week, the market seems to have been entirely underwhelmed. Could this be the start of the change in sentiment I was expecting? My anticipated gain in the Dow to 14,000 seems to have been way off the mark and I am now looking for signs of a peak, though, given how long this crisis has taken to unfold already, that could take a while.

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