BALTIMORE (Stockpickr) -- The QE3 hope game continues this week, after yesterday's Fed minutes sent investors poring over the transcripts for hints at another round of easing.
That QE3 carrot has been dangling in front of investors for a while now, giving some hope to an investing public that's clearly losing faith in stocks. But while drama has ruled the financial headlines in 2012, anxious investors have been missing a colossal rally from the start of June until now. I'm not convinced that QE3 -- or any kind of easing, for that matter -- is such a good thing for investors right now.
And I've already shown how the next round of quantitative easing is probably based on a hard number rather than some "feeling" at the FOMC.
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