Tuesday, August 9, 2011

The Daily Reckoning August 9th - HoweStreet.com

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The Daily Reckoning August 9th
HoweStreet.com
You might expect Fed chief Ben Bernanke to laud QE2 because of its effect on stock prices: Easy money fuels the “wealth effect”… people feel flush as their brokerage accounts grow… and then go out and spend money. Of course, it's a dopey notion — based ...

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