Just a matter of time till Ben starts buying EU debt
There's Your Official Warning From The Fed
Submitted by Tyler Durden on 11/16/2011 - 13:32
Central Banks Gross Domestic Product
And in lieu of any rumors out of Europe (they have all been exhausted, plus nobody believes anything out of the doomed continent), here is our own Fed with its best attempt to talk the market up:
ROSENGREN: CRISIS MIGHT WARRANT COORDINATED ACTION BY FED, ECB
ROSENGREN SAYS FED SHOULDN'T BE DISSUADED FROM TRYING TO HELP
And yet:
ROSENGREN: CENTRAL BANKS CAN'T SOLVE ECONOMIC PROBLEMS ALONE
So who steps in: aliens?