The housing market is weakening and mortgage rates and bond yields are rising, placing severe stresses on the banking system. Meanwhile China is teetering on the brink of an economic dislocation as commodity prices surge and the government tries to cool real estate speculation. Will the Fed be able to continue QE2 as these forces gather? Aaron Krowne, Russ Winter and Lee Adler discuss these developments and their implications in part 1 of this podcast, free to all visitors (21 minutes), also available on iTunes.
In part 2 we take a closer look at the performance of this week’s Treasury auctions, the likelihood of any reduction in QE2, and the outlook for the markets in the weeks ahead, based on Russ’s proprietary research in Russ Winter’s Actionable, and Lee’s work in the Wall Street Examiner Professional Edition.
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