Nov 12, 2010

Kevin Duffy on the end of QE2

After today’s wild run-ups and reversals in commodities at the tail end of the QE2 bubble, tomorrow could be a bloodbath. With the 30-year T-bond collapsing, commodities flying, and European sovereign debt problems reemerging, the world’s central bankers have lost control. Worse, sentiment measures show frightening levels of bullishness, with QE2 providing the hook for both bulls and bears.

~ Kevin Duffy, Bearing Asset Management, November 9, 2010

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