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Originally posted by surrealist
Did this flash crash happen on the back of already substantial losses? Or was this fresh from market highs, or close-to-highs?
Originally posted by surrealistBtw, TD at ZH mentioned the possibility of the Dow falling over 800 tomorrow if Bernanke doesn’t come out flagging QE3, or similar intentions.
Originally posted by surrealistBut seriously, with so much commotion over debt and the deficits, and the US having only just been downgraded, how on earth is QE3 or anything remotely similar going to be well received? Markets might respond positively but you can expect, but there will be much bigger problems with further QE the way I understand it.