On Sept 14, 2012 The Federal Reserve announced its open ended mortgage buying program, popularly calledd QE-3 (or infinity!).
A broad array of indexes and commodities peaked on that day including; The S&P500, Euro Stoxx 50, CRB index of commodities, FTSE 100, Crude Oil, HFRX Hedge fund index, S&P 600 small cap index, MSCI World Index , MSCI Emerging Market Index.
That's some list... Weren't these markets all supposed to go UP following the start of QE-3?
![rofl :rofl: :rofl:](/styles/smilies/rofl.gif)
A broad array of indexes and commodities peaked on that day including; The S&P500, Euro Stoxx 50, CRB index of commodities, FTSE 100, Crude Oil, HFRX Hedge fund index, S&P 600 small cap index, MSCI World Index , MSCI Emerging Market Index.
That's some list... Weren't these markets all supposed to go UP following the start of QE-3?
![rofl :rofl: :rofl:](/styles/smilies/rofl.gif)