Huh? What kind of rubbish is this?
Yesterdays’ factory data and US private employment data came in weak. Coupled with previous weak economic data, the US stock market had risen 7 of the past eight trading session.
Huh, again!Weak data capitulated global stocks markets to correction or bear markets territory in the month of August. How could weak data signal a strong stock market?
Here is my opinion. Have you heard of QE1 or QE2? As a result, US markets had risen more than 40% and 25% respectively, correct?Who would recommend QE3 or equivalent on the table? Guess it right?
What are the criteria for QE3?· Weak economic data,
· weak economy,
· Global growth concerns, etc.
What is the difference between then and now? The difference is QE3 was ...
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