Let’s be blunt here, the only thing that will cause QE 3 to come out will be:
- Another market Crash (S&P 500 sub-100); or
- A major bank collapsing.
That’s it. QE 3 is not going to be some “let’s push stocks higher” move. It’s going to be a “desperately trying to hold the system together” move.
via QE 3 Ain’t Coming Unless One of These Two Items Happen | ZeroHedge.