NEW YORK ( TheStreet) -- As the European market circles the drain, the Federal Reserve is increasingly expected to announce another round of quantitative easing. If the Fed moves forward it will have greater flexibility than its counterparts in Europe.The S&P 500 ETF SPY (SPY) has moved well off June lows and is pricing in more money, more money, more money. It's unfortunate that we are left in this situation after government program after government program have not only failed but weakened our nation.
Forget QE3, Let's Take Back QE2 If We Can
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